Jupiter Fund Management boosted full-year pre-tax profits due to a strong performance by its funds and large inflows of new client money, Financial Times reports. The firm ended the year with £24.1 billion assets under management, up from £19.5 billion in the prior year. It had net inflows of £2.3 billion. In the 12 months to December 31, Jupiter’s pre-tax profit was £42.4 million, as opposed to £7.2 million a year ago, while net revenue was £230.5 million up from £182.1 million.
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