News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Jupiter takes £48m hit to profit in tough year

Goodwill takes a significant hit at the fund house

Jupiter, based close to London Victoria, posts figures after announcing the departure last month of star fund manager Ben Whitmore
Jupiter, based close to London Victoria, posts figures after announcing the departure last month of star fund manager Ben Whitmore Photo: Getty Images

Want more on asset management? Click here for FN's weekly newsletter

Jupiter's pre-tax profit fell by £48m in 2023 as the City's fund houses continue to battle macroeconomic headwinds.

WSJ Logo