FUM up 6% at St James's Place

FTSE 250 wealth management group, St. James's Place, saw a 6% rise in funds under management (FUM) to £28.5bn in the year ended December 31st.

FTSE 250 wealth management group, St. James's Place, saw a 6% rise in funds under management (FUM) to £28.5bn in the year ended December 31st.

During the twelves months, the firm retained 95% of exisiting clients' funds and achieved a net inflow of FUM of £3.3bn, compared to £3.0bn the previous year.

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