Jupiter outflows jump, says investor interest in UK rebounding

(Reuters) – Jupiter Fund Management said on Friday its assets under management (AUM) fell in the first half of the year, due to higher net outflows driven by the changes to its Value equity team and Chrysalis Investment Trust.

The British asset manager reported total net outflows of 3.4 billion pounds ($4.37 billion) for six months ended June 30, with AUM of 51.3 billion pounds.

($1 = 0.7777 pounds)