'Resilient' SJP to boost Asian offering as it posts £102bn AUM

SJP grew its operating profits by 9% year-on-year (YOY), taking it above the £1bn mark, with assets under management (AUM) now at £102bn following the early recovery and higher inflows - particularly in March, which accounted for around 50% of Q1 flows. Following the sell-off at the end of 2018, January's market recovery was strong, which the group says was reflected across all its portfolios, encouraging the view that global growth fears had been "overdone". Chief executive Andrew Croft said: "I am pleased to report a good set of results for 2018, building on an exceptional outcome i...