In Q1 2024, Jupiter Fund Management experienced a £1.6bn net client outflow, its sixth consecutive year of outflows, primarily from Chrysalis Investment Trust and value strategies.
Jupiter Fund Management Plc, a London-based asset manager, announced in Q1 2024 a £1.6bn net client outflow, marking the sixth consecutive year of outflows. However, its assets under management increased to £52.6bn largely due to market returns. Outflows were primarily from Chrysalis Investment Trust and value strategies, while CEO Matthew Beesley aims to streamline and diversify the company's offerings.
April 23, 2024
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