Asset Management

Jupiter Fund Management suffers £2.3bn outflow in 2018

Flagship Dynamic Bond fund has been losing assets consistently since the start of the year

Jupiter Fund Management suffers £2.3bn outflow in 2018

Assets at Jupiter Fund Management dropped back below the £50bn milestone in the first half of the year, as its flagship bond fund continued to bleed money.

The FTSE 250-listed investment group on Friday reported net outflows of £2.3bn from its business during the six months to June 30, which dragged group assets to £48.2bn from the £50.2bn achieved at the end of 2017.

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