April 21 (Reuters) - UK's Jupiter Fund Management posted first-quarter net inflows of 1.5 billion pounds ($2.03 billion) on Tuesday on robust client demand and favourable market performance, with
UK's Jupiter Fund posts $2 billion quarterly inflows despite MidEast tensions
Jupiter Fund Management Reports Strong First-Quarter Performance
(Corrects paragraph 3 to say assets under management are as of March 31, not April 21)
Quarterly Inflows and Market Performance
April 21 (Reuters) - UK's Jupiter Fund Management posted first-quarter net inflows of 1.5 billion pounds ($2.03 billion) on Tuesday on robust client demand and favourable market performance, with uncertainty around the Iran conflict tempering some flows.
Investor Trends and Market Rotation
A rotation away from U.S. equities boosted demand for Jupiter's diversified and non-U.S. equity strategies as investors increased allocations to European and other international markets, helping offset market volatility due to the Middle East tensions in March.
Assets Under Management Update
The British wealth manager said assets under management stood at 68.4 billion pounds as of March 31, compared with 54 billion pounds reported for the year ended December 31, 2025.
Impact of Geopolitical Tensions
Despite the impact of geopolitical tensions, Jupiter said both its retail and institutional channels recorded net inflows in each month of the quarter.
Additional Information
($1 = 0.7394 pounds)
(Reporting by Rishab Shaju in Bengaluru; Editing by Sherry Jacob-Phillips and Janane Venkatraman)
