Jupiter Fund Management (JUP)

Sector:

Financials

Index:

FTSE 250

88.55p
   
  • Change Today:
      1.50p
  • 52 Week High: 135.70
  • 52 Week Low: 73.50
  • Currency: UK Pounds
  • Shares Issued: 545.00m
  • Volume: 536,539
  • Market Cap: £482.60m

Jupiter Fund Management reports slowdown in net outflows, despite clients on the defensive

By Alexander Bueso

Date: Friday 15 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Jupiter Fund Management reported a small increase in its total assets under management despite the weak start to its third quarter, with a defensive bias apparent in its clients' moves.


Indeed, the fund manager also reported its fifth consecutive quarter of net outflows.

The firm recorded a £0.4bn increase in AuM over the three months to September to reach £60.7bn, helped by positive inflows of more than £300m into its Fixed Income strategies and positive market movements that added £983m to its total AuM.

A number of key growth funds also posted net inflows in the quarter, including Global Sustainable Equities as well as its Gold&Silver and Global Emerging Markets Short Duration Bond funds

However, Jupiter also reported outflows from its UK and European equity products, and from its systematic strategies.

All told, the fund manager said that it saw net outflows of roughly £569m during the quarter, although the rate of outflows had slowed from the £1.49bn seen in the second quarter.



Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

JUP Market Data

Currency UK Pounds
Share Price 88.55p
Change Today 1.50p
% Change 1.72 %
52 Week High 135.70
52 Week Low 73.50
Volume 536,539
Shares Issued 545.00m
Market Cap £482.60m

JUP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.02% above the market average83.02% above the market average83.02% above the market average83.02% above the market average83.02% above the market average
31.43% above the sector average31.43% above the sector average31.43% above the sector average31.43% above the sector average31.43% above the sector average
Price Trend
60.34% below the market average60.34% below the market average60.34% below the market average60.34% below the market average60.34% below the market average
53.45% below the sector average53.45% below the sector average53.45% below the sector average53.45% below the sector average53.45% below the sector average
Income
80.56% above the market average80.56% above the market average80.56% above the market average80.56% above the market average80.56% above the market average
39.39% above the sector average39.39% above the sector average39.39% above the sector average39.39% above the sector average39.39% above the sector average
Growth
95.46% below the market average95.46% below the market average95.46% below the market average95.46% below the market average95.46% below the market average
94.39% below the sector average94.39% below the sector average94.39% below the sector average94.39% below the sector average94.39% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 9
Sell 1
Strong Sell 1
Total 12
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

JUP Dividends

  Latest Previous
  Final Special
Ex-Div 18-Apr-24 03-Aug-23
Paid 20-May-24 01-Sep-23
Amount 3.40p 2.90p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 272,882 @ 88.55p
16:35 1 @ 88.55p
16:35 533 @ 88.55p
16:35 705 @ 88.55p
16:35 1,781 @ 88.55p

JUP Key Personnel

CFO Wayne Mepham
CEO Matthew Beesley

Top of Page