Asset Management

Institutional lift helps Jupiter over mutual fund dip

Fund manager withstands slowdown in mutual fund inflows to add another £500m to its AUM in the first quarter

Jupiter Asset Management's CEO Maarten Slendebroek
Jupiter Asset Management's CEO Maarten Slendebroek

Jupiter Fund Management withstood a slowdown in mutual fund inflows to add another £500 million to its assets under management in the first quarter, buoyed by strong institutional inflows.

The fund manager confirmed in an April 13 trading update that assets increased to £36.2 billion - a record level - in the three months to March 31, 2016. This continued from a previous high of £35.7 billion recorded at the end of the last quarter.

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