Highlights

  • JUP’s Q3 net inflows total GBP 0.3bn, bringing year-to-date net flows to GBP 0.1bn.
  • Assets under management rose 7% during the quarter to GBP 50.4bn.
  • Retail and wholesale demand drive GBP 0.8bn of net inflows in Q3.

Jupiter Fund Management plc (LSE:JUP) has released its trading update for the quarter ending 30 September 2025. The company reported GBP 0.3bn in net inflows for Q3, representing its second consecutive quarter of positive flows. This brings year-to-date net inflows to GBP 0.1bn. Supported by market appreciation of GBP 3.0bn, total assets under management (AUM) reached GBP 50.4bn, reflecting a 7% increase for the quarter and an 11% gain compared to the same period a year earlier.

Client Channel Performance
Net inflows were mainly driven by retail, wholesale, and investment trust clients, contributing to GBP 0.8bn during the quarter. Improved investor sentiment and investment performance underpinned this growth. Retail and wholesale investors contributed GBP 0.5bn in net inflows to UK equity strategies.

The Institutional channel recorded net outflows of GBP 0.5bn, largely reflecting portfolio adjustments by a lower-margin client. These outflows were partly offset by inflows into fixed income, absolute return and UK equity products. Jupiter noted that Institutional flows may vary over time but reaffirmed that expanding this channel remains a key part of its medium-term strategy.

Regional Flows
During Q3, continental Europe generated GBP 0.6bn in net inflows. In the UK, net inflows of GBP 0.3bn were recorded, led by retail investor demand for UK and Systematic equities strategies.

Assets Under Management Movement
By client channel, AUM progressed as follows during Q3: Retail, wholesale, and investment trusts rose from GBP 38.2bn to GBP 41.5bn, reflecting GBP 0.8bn of net inflows and GBP 2.5bn of market gains. Institutional AUM was broadly unchanged at GBP 8.9bn, as GBP 0.5bn of net outflows were balanced by a similar volume of market gains. Overall, AUM increased from GBP 47.1bn to GBP 50.4bn, with GBP 39.5bn invested in mutual funds.

Share Performance  

The company is currently trading at GBX 150.43 and is down by 0.51% from its previous close of GBX 151.20.