Jupiter reports lower AUM in Q3 amid weak sentiment
Jupiter Fund Management
74.60p
16:44 28/03/25
-0.93%
-0.70p
Jupiter Fund Management on Friday reported lower assets under management (AUM) as clients pulled £1.6bn during the third quarter.
Financial Services
17,956.20
17:14 28/03/25
1.75%
309.31
FTSE 250
19,864.98
17:14 28/03/25
n/a
n/a
FTSE 350
4,722.51
17:14 28/03/25
n/a
n/a
FTSE All-Share
4,671.27
16:39 28/03/25
n/a
n/a
The UK-based asset manager reported AUM of £50.1bn in the three months of September 30, down from £51.3bnfrom the previous three months.
“Overall flows remain consistent with our expectations as set at the start of the year, despite no material improvement in client sentiment,” Jupiter said in a trading update.
Reporting by Frank Prenesti for Sharecast.com