Jupiter (JUP) traded down 5.8% against the US dollar during the 24 hour period ending at 23:00 PM Eastern on April 5th. Jupiter has a market cap of $16.82 million and approximately $409,336.00 worth of Jupiter was traded on exchanges in the last 24 hours. One Jupiter coin can currently be purchased for about $0.0175 […]
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26 February 2021 | 07:31am
StockMarketWire.com - Fund management company Jupiter Fund Management reported higher underlying profit on increased assets under management as strong UK equities and alternative funds performance offset net inflows.
The company also declared special a dividend, citing high-level of performance fees.
For the year ended 31 December, underlying pre-tax profit increased by 10% to £179.0 million as assets under management increased by 37% to £58.7 billion.
This increase was driven largely by the increased performance fee income of £73.6 million versus £7.9 million last year.
Statutory pre-tax profit fell 12% to £132.6 million year-on-year, on costs related to the acquisition of Merian. Net outflows totaled £4 billion amid depressed levels of retail investment sentiment, the company said.
again a very moving story mall on these stories and lots of other topics from the world of ops and culture on our website of course at d.w. dot com slash culture and facebook page jup do check them out that s all for now thanks for watching and do join as at the same time tomorrow if you catch.