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St James’s Place Update

Trading Update stated:

Total assets fell 0.9 percent in the first quarter, hit by the impact of weaker markets
Group funds under management at the end of March were £89.9bln, down from £90.8bln at the end of the prior quarter
Despite the weaker market backdrop, St James’s Place said it had still managed to take in £2.6bln of net new client money
Company objective is for 15-20% growth in gross inflows during 2018 and beyond

As of 8.06am the stock was trading up c.0.72% at c.1156p


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