Jupiter Asset Management has reached £35.7bn in assets under management after seeing £2.1bn in net mutual fund inflows in 2015.
The asset manager’s results for 2015, released today, show assets rose from £31.9bn at the end of 2014. The firm saw net inflows of £2.1bn to its mutual funds, up from £1.4bn in 2014. The group saw inflows of £74m to its investment trusts business, up from £62m in outflows in the previous year.
Jupiter is also readying fund launches for this year – the Asian Income fund in March and an international version of its Absolute Return fund later this year. The asset manager is also planning to launch a global environmental or ecology fund.
Jupiter chief executive Maarten Slendebroek says: “It has been another successful year for Jupiter, as we made continued progress with delivering our organic growth strategy to the benefit of all our stakeholders.
“2015 saw strong investment performance allied with increased revenues, continued profit growth and further strengthening of our liquidity and capital position.
“Despite more challenging market conditions in the second half, underlying earnings per share increased by 11 per cent, and our resilient business model supported a 29 per cent increase in like-for-like dividends.”