Jupiter Q1 AUM dips as retail clients pull £1.9bn

Negative market returns and net outflows

clock • 1 min read
Andrew Formica, CEO of Jupiter Fund Management.
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Andrew Formica, CEO of Jupiter Fund Management.

Jupiter Fund Management has reported a decline in assets under management (AUM) during the first quarter, as net outflows from its retail and wholesale channel hit £1.9bn amid “worsening geopolitical events and inflationary concerns”.

AUM finished the first three months of 2022 at £55.3bn, down from £60.5bn at the end of 2021. Jupiter attributed the £5.2bn decrease to negative market returns of £3.6bn and total net outflows of £1.6bn....

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