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Jupiter Fund Management quarterly AuM boosted by Merian acquisition

By BFN News | 07:49 AM | Friday 16 October, 2020


Fund management company Jupiter Fund Management reported a rise in September quarter assets under management amid a boost from the acquisition of Merian. For the three months to 30 September 2020, assets under management stood at £55.7 billion, an increase of £16.5 billion, with Merian introducing £16.6 billion on 1 July. Net outflows in the quarter of £1.0 billion, were partially offset by £0.8 billion of market returns, Jupiter said. Story provided by StockMarketWire.com

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