Solid inflows into its mutual fund business and segregated mandates, as well as positive market movements, helped Jupiter grow its assets under management to over £26bn in Q4.
The group - which boasts a range of popular funds including its Merlin Income fund, run by John Chatfeild-Roberts - saw inflows of £490m into mutual funds in the last quarter of 2012, it said today in a statement. Combined with market moves of £427m, it means assets under management in its mutual funds are now at £20.6bn, up from £19.7bn at the end of Q3. Overall, the group said it had seen net inflows totalling £966m for the full year of 2012, up from £278m for the nine months to September, after a surge in gains in the final quarter. In total, assets under management climbed from...
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