Jupiter Fund Management Up

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Jupiter Fund Management has just issued its results for the year ended 31 December, 2015.

Assets under management were £35.7bn, up from £31.9bn, and there were net mutual fund inflows of £2.1bn. Profit before tax was £164.6m, compared to £160m. Underlying EPS increased by 11% to 29.2p.

Chief Executive Maarten Slendebroek said: “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.”

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