New Model Adviser - For professional financial planners

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Jupiter’s net inflows surge more than fivefold in 2017

Jupiter Fund Management's net inflows rose by more than fivefold to reach £5.5 billion in 2017, helping drive assets under management (AUM) up 24.5% to £50.2 billion over the year.

Jupiter’s net inflows surge more than fivefold in 2017

Jupiter Fund Management's net inflows rose by more than fivefold to reach £5.5 billion in 2017, helping drive assets under management (AUM) up 24.5% to £50.2 billion over the year.

This was a rise from £1 billion of inflows and a closing AUM of £40.5 billion in the previous year.

The group recorded £0.5 billion of net inflows in the fourth quarter, reporting that inflows into its absolute return, fixed income and multi-asset strategies partially offset outflows from its Merlin fund of funds range.

Jupiter said it had net inflows across all geographic regions, with Continental Europe the biggest contributor, while its segregate mandate pipeline saw ‘meaningful inflows during the quarter’.

Chief executive Maarten Slendebroek (pictured) said:‘This year has been one of consistent progress at Jupiter. Continued strong investment performance has enabled us to deliver positive returns after fees for clients. The successful continuation of our strategy of diversification produced total net inflows for the year of £5.5 billion, including £5.1 billion of net flows into our mutual funds across a range of investment strategies.

‘These positive flows, which are underpinned by our ability to deliver investment outperformance, have helped drive a 24% increase in AUM over the year to £50.2 billion at 31 December 2017.’

 

 

 

 

Chief executive Maarten Slendebroek (pictured) said:

Share this story

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
More Content
6806.94 + 85 1.27% 04:35
More Content
More Content

BUSINESS

1 Comments Royal London chief ‘open-minded’ to Ascentric name change

Royal London chief ‘open-minded’ to Ascentric name change

Outgoing Royal London chief executive Phil Loney has said he is ‘open-minded’ about a move to rebrand the wrap platform Ascentric in 2019.

ADVICE

What's it like to be a Foster Denovo adviser?

What's it like to be a Foster Denovo adviser?

Ian Horne asks David Wilkinson and Jamie Smith what the national advice firm does to make them feel listened to, and how a growing business can avoid the cookie-cutter mentality

twitter_banner

INVESTMENT