Jupiter AUM rises in Q1, but sees £1.6bn in outflows
reported a rise in group assets under management (AUM) in the first quarter to £52.6bn, driven by positive market movements of £2bn, but also saw net outflows of £1.6bn during the period.
The AUM figure compares with £52.2bn in the three months to December. Net outflows were spilt equally between each of the retail, wholesale & investment trusts and institutional channels, Jupiter said on Tuesday.
Reporting by Frank Prenesti for Sharecast.com
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