Jupiter Fund Management reports higher third-quarter inflows, assets hit record

Oct 15 (Reuters) - British asset manager Jupiter Fund Management reported higher third-quarter net inflows on Thursday, helped by improving client demand and stronger flows across its investment strategies.  

Here are some details:

• Net inflows totalled £700 million ($926.31 million) in the third quarter, compared with £300 million a year earlier, reversing second-quarter outflows of £800 million

• Improving investor sentiment and demand for greater geographic diversification supported flows during the quarter, helping offset market volatility linked to renewed tensions in the Middle East

• The update extends a recovery in client demand after Jupiter recorded its first year of positive net inflows since 2017 in 2025

• Assets under management rose 51% to a record £75.9 billion at September 30, compared with £50.4 billion a year earlier

• Retail, wholesale and investment trust net inflows reached £1.0 billion, marking a fifth consecutive quarter of positive flows

($1 = 0.7557 pound)

(Reporting by Atharva Singh in Bengaluru; Editing by Rashmi Aich)