Jupiter's AUM jumps above £26bn after boost in Q4

clock

Solid inflows into its mutual fund business and segregated mandates, as well as positive market movements, helped Jupiter grow its assets under management to over £26bn in Q4.

The group - which boasts a range of popular funds including its Merlin Income fund, run by John Chatfeild-Roberts - saw inflows of £490m into mutual funds in the last quarter of 2012, it said today in a statement. Combined with market moves of £427m, it means assets under management in its mutual funds are now at £20.6bn, up from £19.7bn at the end of Q3. Overall, the group said it had seen net inflows totalling £966m for the full year of 2012, up from £278m for the nine months to September, after a surge in gains in the final quarter. In total, assets under management climbed from...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers expecting more of asset managers since Consumer Duty

Advisers expecting more of asset managers since Consumer Duty

‘We actually need to understand one another better’

Hope Coumbe
clock 28 March 2024 • 1 min read
Fears tech limitations could stall MPS on its upward trajectory

Fears tech limitations could stall MPS on its upward trajectory

‘There have been a few changes and challenges around growth in general’

Hope Coumbe
clock 27 March 2024 • 1 min read
Partner Insight: Beyond 60/40

Partner Insight: Beyond 60/40

Invesco
clock 27 March 2024 • 5 min read