Jupiter AUM reach record £25bn

Total assets under management increased to £25bn in the three months to the end of September, up from £23.3bn at the end of June. Net inflows for the period were £579m while market movements added just over £1bn. An interim management statement revealed, however, that flows were held back by the loss of a UK equity segregated mandate and the remainder of a large private client portfolio, which had been reduced initially in the first quarter. Edward Bonham Carter, chief executive, said: "During the difficult flow environment in the first half of the year, we continued to position th...