Net mutual inflows were £465m throughout the first three months of the year, boosting the group’s AUM to £32.2bn from £31.6bn at the end of December 2013.
Inflows were particularly directed to the Strategic Bond and Dynamic Bond funds, as well as the UK Special Situations and UK Growth equity funds.
The investment trust arm of the business registered flows of £159m during the first quarter, lifting its AUM to £902m.
“Jupiter delivered a further £0.5 billion of net inflows in the first quarter as we continue to expand our distribution network and product set,” chief executive Maarten Slendebroek said.
He added: “These flows came predominantly from our mutual fund franchise, which will continue to be the main driver of growth going forward following the recently announced disposal of our private client operations.”
Meanwhile, former Kames Capital Martin Harris has joined the firm as head of institutional business to push the firm’s institutional business into a more global arena. He will be responsible for working on global institutional business strategy.
Previously, he was head of distribution at Kames Capital. Prior to this he worked as head of investor relationships at CQS London and as managing director at Fidelity.
