Shoppers at Jupiter Fund Administration Plc yanked a web £1.6 billion ($2 billion) from its funds within the first quarter of 2024 because the asset supervisor continues to grapple with years of outflows.
Half of the outflows on the London-based agency got here from listed fund Chrysalis Funding Belief, which separated itself from Jupiter in current months. The opposite half was withdrawn from the agency’s worth methods, in response to an announcement Wednesday.