Advertisement
UK markets close in 3 hours 47 minutes

  • FTSE 100

    8,119.09
    +40.23 (+0.50%)
     

  • FTSE 250

    19,813.43
    +211.45 (+1.08%)
     

  • AIM

    755.36
    +2.24 (+0.30%)
     

  • GBP/EUR

    1.1672
    +0.0016 (+0.13%)
     

  • GBP/USD

    1.2517
    +0.0006 (+0.05%)
     

  • Bitcoin GBP

    51,266.79
    +229.41 (+0.45%)
     

  • CMC Crypto 200

    1,385.35
    -11.19 (-0.80%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • CRUDE OIL

    84.17
    +0.60 (+0.72%)
     

  • GOLD FUTURES

    2,358.40
    +15.90 (+0.68%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,056.71
    +139.43 (+0.78%)
     

  • CAC 40

    8,043.29
    +26.64 (+0.33%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Jupiter full-year profits hit by outflows, cancels special dividend

Reuters

LONDON (Reuters) - British asset manager Jupiter Fund Management <JUP.L> said full-year pretax profits fell 16% after fee income was hit by outflows linked to the exit of a star manager.

Jupiter, which recently announced a deal to buy peer Merian Global Investors, said pretax profit in the year to end-December was £151 million, down from £179.2 million in the year-earlier period.

As a result of the Merian deal, Jupiter said it had decided not to pay a special dividend for the year.

(Reporting by Simon Jessop; Editing by Rachel Armstrong)