St. James's Place 9-month Net Inflows Up 15% - Quick Facts

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(RTTNews.com) - St. James's Place plc (STJ.L) reported that its gross inflow of funds for the nine months ended 30 September 2018 rose 12 percent from the year-ago period to 11.75 billion pounds, while net inflows increased 15 percent from last year to 7.68 billion pounds.

Group funds under management for the period grew to 100.6 billion pounds was 85.7 billion pounds in the previous year.

Andrew Croft, Chief Executive, said, "We have delivered this continued growth despite both tough comparatives and a more challenging environment for the industry, once again demonstrating our resilience in these market conditions."

Looking ahead, the company said it remains confident in its ability to grow its business in line with the company's stated objectives over the medium-term.

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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings

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