Jupiter’s Assets Under Management Rise 1.6% on Mutual Funds

Lock
This article is for subscribers only.

Jupiter Fund Management Plc, the British fund manager that went public in June, said assets under management rose 1.6 percent in the first quarter on higher inflows into mutual funds.

Jupiter oversaw 24.5 billion pounds ($40 billion) at March 31 compared with 24.1 billion pounds at the end of 2010, the London-based firm said today in a statement.