Net inflows halve at St James's Place over 2023

Despite this, closing funds under management grew 13.4%, up to £168.2bn, while the firm's investment arm was the only to suffer net outflows, with £190m leaving the business over the year. DFM flows remained flat, with the pensions arm making the only dent in inflows, adding a net £5.2bn over the 12 months to 31 December 2023. St James's Place changes managers and reduces fees for two funds North American equities continued to dominate SJP's FUM, comprising 34% of the total £168.2bn FUM, followed by fixed income (16%), European equities (14%) and Asia Pacific equities (14%). UK ...