St. James's Place Q1 Funds Under Management Up 22% - Quick Facts

(RTTNews) - St. James's Place plc (STJ.L), in its interim management statement for the first-quarter ended 31 March 2015, said that funds under management was 55.8 billion pounds, up 22% from 45.8 billion pounds last year.

During the first quarter of 2015 the company has once again seen a net inflow of funds under management which, at 1.304 billion pounds, was some 9% higher than the 1.191 billion pounds for the first quarter of 2014.

"There has rarely been a greater need for advice which is why we remain confident that if we continue to focus on achieving the best possible outcomes for our clients, through the provision of sound personal advice, a reliable ongoing service and our distinctive approach to the management of their wealth, we will continue to grow our business in line with our objectives, in 2015 and beyond," the company said.