St. James's Place posts modest rise in April net inflows

LONDON (Reuters) - Asset manager St James's Place reported a modest 1% rise in year-on-year net inflows of 810 million pounds in April as clients stood firm in the face of the impact of the coronavirus on their investments.In a trading update on Wednesday, St James's said this positive net inflow combined with a positive investment return over the period saw funds under management end the month at 108.8 billion pounds, compared with 107.2 billion pounds last year.Gross inflows in April were..