October 11, 2018 / 6:19 AM / 6 days ago

Fund manager Jupiter hit by net ouflows of 800 mln stg

LONDON, Oct 11 (Reuters) - British fund manager Jupiter was hit by net outflows of 800 million pounds ($1.06 billion) in the third quarter, partially offset by positive performance of 300 million pounds.

Jupiter’s assets under management fell to 47.7 billion pounds from the half year, with outflows coming from the fixed income, European opportunities and funds of funds strategies.

$1 = 0.7567 pounds Reporting by Maiya Keidan, editing by Sinead Cruise

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