UK-based Jupiter Fund Management attracted £295m in net inflows for third quarter, a period that was one of the worst for the domestic equities market in almost a decade. The funds house also committed £60m to repay bank debt.

The fund manager's interim statement for the three months to September 30, 2011, showed its assets under management suffered a 10% drop, from £24.8bn to £22.3bn, over the period.