Jupiter Fund Management saw net inflows of £0.3bn in the third quarter, as the asset manager entered recovery following large outflows last year.

Jupiter Fund Management saw assets under management rise by 4%, climbing £1.8bn to £47.1bn in the first six months of the year.

Jupiter Fund Management is to acquire specialist asset manager CCLA Investment Management for £100m.

Jupiter Fund Management saw assets under management fall by £1bn to £44.3bn in the first quarter as high retail outflows continued to bite.