January 10, 2019 / 7:08 AM / 5 months ago

BRIEF-Jupiter Fund Management posts 1.5 billion stg Q4 outflows

Jan 10 (Reuters) - Jupiter Fund Management PLC:

* NET OUTFLOWS IN QUARTER OF £1.5BN.

* AUM AT 31 DECEMBER 2018 OF £42.7BN, A REDUCTION OF £5.0BN IN QUARTER OF WHICH £3.5BN WAS DRIVEN BY MARKET DECLINE.

* NET MUTUAL FUND OUTFLOWS WERE £1.7BN DURING QUARTER, £1.3BN OF WHICH WERE FROM OUR FIXED INCOME STRATEGY, PRINCIPALLY IN CONTINENTAL EUROPE AND UK.

* SEGREGATED MANDATES SAW A £0.2BN NET INFLOW DURING QUARTER FROM CLIENTS ADDING TO THEIR POSITIONS IN EXISTING PORTFOLIOS.

* US EQUITY LONG SHORT (SICAV) FUND WAS LAUNCHED IN QUARTER ADDING TO OUR LIQUID ALTERNATIVES OFFERING. US SMALL & MIDCAP COMPANIES (UT) FUND WAS CLOSED IN QUARTER CONTRIBUTING £12M TO NET OUTFLOWS. Source text for Eikon: Further company coverage: (Reporting By Sinead Cruise)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below