Jupiter Fund Management Earnings Call Transcripts
Fiscal Year 2025
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AUM grew 19% to GBP 54 billion with first net inflows since 2017, driven by strong investment performance and broad-based client demand. Cost discipline and acquisitions, notably CCLA, enhanced scale and diversification, with further efficiency gains and positive outlook for 2026.
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Positive momentum driven by improved flows, cost savings, and strategic progress, with AUM rising to over GBP 47 billion and strong investment performance. Acquisition of CCLA and new product launches are set to reinforce scale and growth.
Fiscal Year 2024
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2024 saw significant outflows and lower revenues, but strong investment performance in key strategies and disciplined cost management. Strategic hires, new product launches, and operational efficiencies position the business for growth, with a robust capital base supporting both organic and inorganic opportunities.
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H1 2024 saw stable AUM and a 3% rise in underlying profit before tax, despite anticipated outflows from Value team changes. Cost discipline, strong capital position, and positive retail flows—especially in Asian and UK markets—support cautious optimism for the remainder of the year.