Jupiter Fund Management breaks £30bn mark
Wednesday 15 January 2014
Jupiter Fund Management’s assets has passed the £30 billion mark during the fourth quarter as investors pilled millions into its funds.
The company beat City expectations by attracting net inflows of £510 million in the last three months of the year, helped by a strong performance across its fixed income and equity products.
The news comes just weeks before a change of leadership at the group, which will see Edward Bonham Carter hand over control of the company to Maarten Slendebroek in March.
Bonham Carter said: “We continue to believe in the long-term growth prospects for the savings market. We are confident we can continue to deliver profitable growth at attractive margins.”
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