Jupiter suffers net outflows of £2.3bn in H1 due to fixed income redemptions
AUM falls 4%
Jupiter CEO Maarten Slendebroek
Jupiter Fund Management has reported a 4% drop in AUM to £48.2bn over the six months to 30 June 2018, on the back of outflows from its Dynamic Bond fund and against a "more challenging operating environment".
In its results for H1 2018 released this morning, the group reported net outflows during the six months to 30 June 2018 of £2.3bn, versus inflows of £3.6bn for the same period the previous year. Mutual...
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