LONDON (Reuters) - Jupiter Fund Management Plc (L:JUP) said assets under management (AUM) rose to 34.8 billion pounds at the end of March from 31.9 billion pounds three months earlier.
The British fund manager said assets were boosted by net inflows of 872 million pounds during the quarter and nearly 2 billion pounds due to market movements.
Inflows were driven by mutual funds and top selling products included fixed income and European equity strategies, the money manager said in a statement on Wednesday.
"Our core mutual fund franchise again delivered healthy organic growth this quarter, resulting from the continued delivery of our strategy to diversify by product, client type and geography," Chief Executive Maarten Slendebroek said in a statement.