St. James's Place posts record third-quarter funds under management
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LONDON (Reuters) - British wealth manager St. James's Place said funds under management rose 3.2% to hit a record high in the third quarter, driven by net inflows of client cash into its pension products.Total funds at the end of September were 112.8 billion pounds ($146.35 billion), up from 109.3 billion pounds at the end of June. Net inflows were 2.1 billion pounds, of which 1.5 billion pounds was into pensions."In what remains an uncertain external environment, these figures once again..