Jupiter Fund Management’s total assets under management (AuM) rose to £33.1 billion at the end of June 2014, compared with £29 billion a year ago.
The group attributed the rise in AuM to net flows to mutual funds and segregated mandates in the second quarter.
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Half year profit before tax fell to £48.4 million as a result of the inclusion in the previous year of a £6.7 million gain on the sale of its Cofunds stake.
Net inflows were £1.3 billion for the six months ending 30 June 2014, compared to £400 million a year ago.
Management fees climbed by £10 million to £141 million, despite the group’s fee margin being lower.
Commenting on the results, Jupiter CEO Maarten Slendebroek said: "Our potential for future growth depends on continual successful investment in our fund management, distribution and support infrastructure capabilities.
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