Jupiter saw its assets under management climb 9% to £24bn in the fourth quarter, with net inflows of £772m beating analysts' expectations.
Over the year to 31 December 2010, the group saw cumulative net inflows of £2.32bn. The group's mutual funds saw the largest inflow of £529m, driving assets under management to £18.4bn. Jupiter's European funds, Global Convertible, Strategic Total Return Sicav, and John Chatfeild-Roberts' Merlin fund of funds range were the most popular offerings. AUM in the firm's Sicav range also more than doubled during 2010 to £1.4bn. Segregated mandates were the second best performer for Jupiter over the reporting period, with an inflow of £242m. However, its investment trust suite saw a...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
