St. James’s Place plc (‘SJP’) today issues an update on new business inflows and funds under management for the three months ended 31 March 2026.
| Q1 2026 | Q1 2025 | |
| £'Billion | £'Billion | |
| Gross inflows | 5.23 | 5.14 |
| Net inflows | 1.53 | 1.69 |
| Closing funds under management | 216.94 | 188.59 |
| Funds under management retention rate (annualised)1 | 95.3% | 95.0% |
| Net inflows/opening funds under management (annualised) | 2.8% | 3.6% |
1 Our retention rate is calculated allowing for surrenders and part-surrenders. It excludes regular income withdrawals and maturities.
Mark FitzPatrick, Chief Executive Officer, commented:
“I am pleased to report a good first quarter for SJP. Against a backdrop of heightened geopolitical uncertainty and market volatility in the run‑up to the tax year end, we attracted gross inflows of £5.2 billion and achieved strong funds under management (FUM) retention of 95.3%. Together, these delivered net inflows of £1.5 billion. The decline in global markets during the quarter impacted our FUM, which closed the period at £216.9 billion.
While macroeconomic uncertainty continues, periods like this underscore the enduring value of high-quality financial advice. Our advisers provide reassurance and help clients navigate market conditions, ensuring they remain focused on their long‑term financial goals. The strength and quality of our Partnership, together with the trusted relationships our advisers build with clients, position us well to continue to grow and capture the significant long‑term market opportunity.”
Enquiries:
| Hugh Taylor, Director – Investor Relations | Tel: 07818 075143 |
| Tom Sullivan, Divisional Director - External Communications | Tel: 07443 218693 |
| Brunswick Group: | Tel: 020 7404 5959 |
| Ellis Murphy | Email: [email protected] |
View the full press release.