St James’s Place delivers £1.5bn in net inflows as geopolitical tension bites

The firm’s funds under management closed the period at £216.9bn, up from £188bn in Q1 2025

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St James’s Place (SJP) saw £1.5bn in net inflows during Q1 this year, according to its results published on the London Stock Exchange today (29 April), and £5.2bn in gross inflows for the quarter.

While this gross inflow is a slight uptick from Q1 2025, when £5.1bn of new money was added to the firm, net inflows were £200m less compared to this time last year.

Meanwhile, funds under management (FUM) rose from £188.6bn last year to £216.9bn at the end of March 2026.

There have been some changes in the firm’s asset allocation over this period. US equities are still the largest allocation at 36%, a slight percentage drop from last year, when the asset class represented 38% of assets.

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Fixed income has remained relatively level at 17% of total FUM, while Asia Pacific equities have risen to 17%, displacing European equities as SJP’s third-largest position.

Mark FitzPatrick, chief executive officer at SJP, said he was “pleased” by the strong first quarter, despite heightened geopolitical and market volatility.

“While macroeconomic uncertainty continues, periods like this underscore the enduring value of high-quality financial advice,” he said.

“Our advisers provide reassurance and help clients navigate market conditions, ensuring they remain focused on their long‑term financial goals,” he continued.

See also: SJP’s Justin Onuekwusi: ‘Listen and be humble’