Strong inflows in the third quarter have pushed funds under management at St James’s Place to a record £71bn.
In the three months ending 30 September the FTSE 100 company saw gross inflows of £2.8bn.
This compares with £2.3bn in the same period during 2015.
Meanwhile net inflows were £1.66bn, compared with £1.48bn last year.
David Bellamy, chief executive of SJP, said: “The third quarter fell between two political turning points in the UK: the EU referendum result announced on 24 June and Theresa May’s first Brexit planning speech on 3 October.
“However, despite the backdrop of political uncertainty, it’s been very much business as usual and we’ve maintained good momentum in the business since the half year, with new investments in the most recent three months 21 per cent higher at £2.8bn.
Mr Bellamy said the company’s range of funds and portfolios serve its clients well, but it has launched a new Worldwide Income fund this month to cater for a growing demand for income.
It is managed by the investment team at Investec Asset Management, based in Cape Town and led by Clyde Rossouw.
Mr Bellamy said: “These results and continued resilience of our business give us further confidence that, through the outstanding job our partners do in managing their clients’ financial affairs and our distinctive approach to the management of their wealth, we can continue to grow our business in line with our objectives in the final quarter of 2016 and beyond.”
