Jupiter hit by £13.7m pre-tax profit slump as CEO exits

 

Fund manager Jupiter today reported a slump in pre-tax profits of £13.7m to £179.2m as assets under management dropped by 15% to £42.7bn and the firm was hit by net outflows of £4.6bn.

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Fund sales weaken as fixed income boom ends

Fund sales have nosedived amid the escalating trade war between the US and China.

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Fixed Income funds see highest ever redemptions

The Investment Management Association says its monthly authorised investment fund statistics for June show the highest ever level of redemptions of fixed income funds. Read more...

Fixed income and Isas saw net outflows in January says IMA

Fixed income funds saw their first outflow in January since October 2008, according to figures from the Investment Management Association. Read more...
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