The wealth supervisor amassed £5.5bn in new shopper investments over the fourth quarter taking annual gross inflows to £18.4bn for the yr, a rise of 20% on 2023.
Internet inflows for the ultimate quarter reached £1.5bn – virtually doubling from £770m in This fall 2023 – regardless of jitteriness across the Autumn Finances resulting in a surge in each gross inflows and outflows in October.
In complete, internet inflows for 2024 registered at £4.3bn, a drop from the earlier yr’s internet flows of £5.1bn. The retention fee additionally fell barely yr on yr, from 95.3% in 2023 to 94.5%.
Over 25% of St James’s Place fund…
