Inflows slow at Jupiter in 2014 despite overseas boost

Natalie Kenway
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Net inflows at Jupiter Fund Management slowed to £900m during 2014, compared to £1.2bn seen in the previous year, but the group said it is "particularly pleased" with inflows from abroad.

Chief executive Maarten Slendebroek said distribution capabilities were added in Austria, Spain and in the Nordic region during the year and "international flows were particularly pleasing". The AUM in the group's SICAV range grew by 40% to £4.3bn during the year to 31 December 2014. The CEO said: "Over the past three years, we have carefully and deliberately extended our distribution reach across continental Europe and Asia. "This growing distribution network has delivered another healthy year of organic flow growth, with net inflows of £1.4bn across our mutual fund range." How...

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