Jupiter Fund Management enjoying 2012 share bonanza
Jupiter Fund Management has started to benefit from the big share price rises seen in the first three months of this year, although the investment firm still saw net outflows in the first quarter.
Jupiter Fund Management has started to benefit from the big share price rises seen in the first three months of this year, although the investment firm still saw net outflows in the first quarter.
Assets under management ("AUM") increased from £22.81bn at the end of last year to £24.2bn by the end of March on the back of big rises in equity values.
The company even saw a small inflow of £55m into its mutual funds. Overall, however, segregated mandate and private client reductions left Jupiter with a net outflow of £113m during the period.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The market liked what it saw, with Jupiter shares gaining 1.25% by 08:46. Over the last 12 months the stock is still down 16.5%.
BS
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
UK-US trade deal announced: US cuts tariffs on UK car imports to 10%
Keir Starmer and Donald Trump have announced a UK-US trade deal, but the US president has refused to lift baseline tariffs on most UK goods. What does it mean for the UK?
-
How to use mid-caps to diversify from the US
Medium sized companies are overlooked by investors but could offer an attractive ‘sweet spot’. We consider the case for mid-caps amid market volatility.