LONDON (Reuters) – Wealth manager St. James’s Place said on Thursday its funds under management hit a record 153.99 billion pounds ($206.76 billion) in the fourth quarter, as it brought in 2.91 billion of net inflows.
Total net inflows during 2021 came to 11.04 billion pounds, representing 8.5% of opening funds under management.
“We remain confident in achieving our 2025 ambitions,” chief executive Andrew Croft said in a statement.
($1 = 0.7448 pounds)
(Reporting by Emma-Victoria Farr; Editing by Rachel Armstrong)