Business
Results for the year ended 31 December 2019
Results for the year ended 31 December 2019.
About this update from Jupiter Fund Management Plc
[{"type":"text","content":"\n \n \n RNS Number : 4254E\n Jupiter Fund Management PLC\n 28 February 2020\n \n \n \n \n \n \n \n \n \n \n \n Results for the year ended 31 December 2019\n \n \n \n \n \n \n \n \n \n \n \n \n 28 February 2020\n \n \n \n \n \n · \n Strong investment performance, with 72% of mutual fund AUM above median over three years. 14% of segregated mandates and investment trusts were above their benchmarks over three years. \n \n \n · \n Increase of £0.1bn in AUM, after net outflows of £4.5bn \n \n \n · \n Net management fees1 decreased by 6% to £370.0m\n \n \n · \n Statutory profit before tax decreased by 16% to £151.0m\n \n \n · \n Basic earnings per share decreased to 27.5p\n \n \n · \n Underlying profit before tax1 decreased by 11%2 to £162.7m\n \n \n · \n Underlying earnings per share1 decreased by 11%2 to 28.8p\n \n \n · \n Total dividends per share of 17.1p\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Year ended \n \n \n 31 December 2019\n \n \n \n \n Year ended \n \n \n 31 December 2018 \n \n \n \n \n \n % change\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Assets under management (AUM) (£bn)\n \n \n \n \n \n \n \n \n \n \n 42.8\n \n \n \n \n 42.7\n \n \n \n \n 0%\n \n \n \n \n \n \n \n \n \n \n \n \n Net outflows (£bn)\n \n \n \n \n \n \n \n (4.5)\n \n \n \n \n (4.6)\n \n \n \n \n -2%\n \n \n \n \n \n \n \n \n \n \n \n \n Net management fees1 (£m)\n \n \n \n \n \n \n \n 370.0\n \n \n \n \n 395.7\n \n \n \n \n -6%\n \n \n \n \n \n \n \n \n \n \n \n \n Statutory profit before tax (£m)\n \n \n \n \n \n \n \n 151.0\n \n \n \n \n 179.2\n \n \n \n \n -16%\n \n \n \n \n \n \n \n \n \n \n \n \n Basic earnings per share\n \n \n \n \n \n \n \n 27.5\n \n \n \n \n 31.8\n \n \n \n \n -14%\n \n \n \n \n \n \n \n \n \n \n \n \n Underlying profit before tax1 (£m)\n \n \n \n \n \n \n \n 162.7\n \n \n \n \n 183.0\n \n \n \n \n -11%\n \n \n \n \n \n \n \n \n \n \n \n \n Underlying earnings per share1 (p)\n \n \n \n \n \n \n \n 28.8\n \n \n \n \n 32.42\n \n \n \n \n -11%\n \n \n \n \n \n \n \n \n \n \n \n \n Total dividends per share (p)\n \n \n \n \n \n \n \n 17.1\n \n \n \n \n 28.5\n \n \n \n \n -40%\n \n \n \n \n \n \n \n \n...