Jupiter revenues jump

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Friday 18 March 2011 7:08 am Share whatsapp John Dunne Jupiter Asset Management said revenues soared by 27 per cent in 2010 after the the business pulled in new client funds and increased the money it makes from management fees.Jupiter said total management fees rose to £230.5m from £182.1min its previous fiscal year, reflecting robust investment performance and a 27 per cent increase in net inflows to £2.3bn.The positive net inflows helped Jupiter extend its run of positive net sales in its UK mutual funds business in every quarter since January 2000.However, in its first annual results since listing, chief executive Edward Bonham Carter, brother of actress Helena, said he saw greater market volatility in 2011 after recent turmoil in the Middle East and Japan.“As this week has demonstrated, such issues can cause significant short term volatility and markets are likely to remain range bound over the medium term as a result,” he said. Jupiter revenues jump Show Comments ▼ Tags: NULL whatsapplast_img read more