Business
Q1 New Business Inflows & Funds Under Management
St. James's Place PLC reported a positive start to 2026 with gross inflows of £5.23 billion and a strong funds under management retention rate of 95.3%, resulting in net inflows of £1.53 billion for the first quarter. Despite a decline in global markets impacting total funds under management to £216.94 billion at the end of the period, the company highlighted the enduring value of its financial advice services. The company's asset allocation shows North American equities as the largest component at 36% of total funds. Disclaimer*
About this update from St. James's Place Plc
-1- PRESS RELEASE 29 April 2026 ST. JAMES'S PLACE DELIVERS A GOOD START TO THE YEAR St. James's Place plc ('SJP') today issues an update on new business inflows and funds under management for the three months ended 31 March 2026. Q1 2026 Q1 2025 £'Billion £'Billion Gross inflows 5.23 5.14 Net inflows 1.53 1.69 Closing funds under management 216.94 188.59 Funds under management retention rate (annualised)1 95.3% 95.0% Net inflows/opening funds under management (annualised) 2.8% 3.6% 1 Our retention rate is calculated allowing for surrenders and part-surrenders. It excludes regular income withdrawals and maturities. Mark FitzPatrick, Chief Executive Officer, commented: "I am pleased to report a good first quarter for SJP. Against a backdrop of heightened geopolitical uncertainty and market volatility in the run‑up to the tax year end, we attracted gross inflows of £5.2 billion and achieved strong funds under management (FUM) retention of 95.3%. Together, these delivered net inflows of £1.5 billion. The decline in global markets during the quarter impacted our FUM, which closed the period at £216.9 billion. While macroeconomic uncertainty continues, periods like this underscore the enduring value of high-quality financial advice. Our advisers provide reassurance and help clients navigate market conditions, ensuring they remain focused on their long‑term financial goals. The strength and quality of our Partnership, together with the trusted relationships our advisers build with clients, position us well to continue to grow and capture the significant long‑term market opportunity." The details of the announcement are attached. -2- Enquiries: Hugh Taylor, Director - Investor Relations Tel: 07818 075143 Tom Sullivan, Divisional Director - External Communications Tel: 07443 218693 Brunswick Group: Tel: 020 7404 5959 Eilis Murphy Email: [email protected] Notes to editors As we have indicated previously, we will be simplifying how we report financial performance for our Half Year 2026 results. We will provide full details of this in a webcast in June, which will be followed by a Q&A session. Contents 1. Funds under management 2. Analysis...
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