Jupiter's AUM rises by £0.4bn in Q3

Offset by £0.6bn of outflows

Kathleen Gallagher
clock • 1 min read

Jupiter Fund Management's assets under management rose by £0.4bn in the three months to the end up of September.

AUM ended the period at £60.7bn, it said in an update today (15 Oct). Total inflows were £1bn but were partially offset by £ 0.6bn of outflows in July. This was primarily due to redemptions from mutual funds and continued weaker client demand for UK and European equity strategies. Jupiter 'advanced' in securing successor for CIO as Pearson steps down The business said it "also saw outflows from our Merlin range and our Systematic strategies, predominantly the North American equity fund and a reversal of flows into the Global Equity Absolute Return fund." However, the rest of...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week