Jupiter Fund Management

What Jupiter Fund Management does

Jupiter Fund Management plc is a London-headquartered, publicly listed specialist active asset manager (LON:JUP) founded in 1985, operating with 19 specialist investment teams across equities, fixed income, and multi-asset strategies. As at 31 March 2026, the firm reported record assets under management of £68.4 billion, distributed through SICAV (Luxembourg), JAMS (Ireland), and UK Unit Trust fund ranges, with multiple products classified under SFDR Article 8 and two UK funds holding FCA Sustainability Disclosure labels.

The firm serves three primary client segments: institutional investors (pension funds, insurance companies, endowments, foundations), retail and wholesale investors accessed via UK financial advisers and platforms, and—following the February 2026 CCLA Investment Management acquisition—UK charitable and local authority clients. Revenue is generated predominantly through recurring management fees on AUM, supplemented by performance fees on funds that exceed benchmarks. Underlying profit before tax reached £138.3 million in FY25, materially boosted by exceptional performance fees of £120.3 million.

Jupiter pursues a high-conviction, active investment philosophy in which fund managers retain autonomous decision-making rather than following a centralised house view. Distribution is multi-channel: direct institutional sales, adviser and wealth platforms, and retail fund platforms. The firm is FCA-regulated through multiple UK authorised entities, with additional regulated management companies in Luxembourg (CSSF) and Ireland (Central Bank of Ireland), and holds high-tier ESG credentials including MSCI AAA and Sustainalytics Low Risk ratings. Recent strategic activity has centred on the CCLA acquisition, a £30 million share buyback programme, and board refreshment including a new Chair.

Name

Jupiter Fund Management

Legal name

Jupiter Fund Management plc

Website

https://jupiteram.com

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Jupiter Fund Management is a London-listed specialist active asset manager operating 19 investment teams with £68.4 billion AUM as of Q1 2026, serving institutional, retail/adviser, and (via CCLA) UK non-profit clients across equities, fixed income, and multi-asset strategies.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Fund of Funds & Multi-Manager Mutual Funds (FSAAAEAL)

akta.pro secondary industry

Target-Risk / Risk-Managed Allocation Funds (FSAAAEAG)

Keywords

• Active asset management
• Institutional fund management
• Equity fund management
• Fixed income investing
• Sustainable investment funds

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Asset Management Fees: Jupiter generates revenue primarily through management fees charged as a percentage of assets under management (AUM). As an active asset manager, fees are typically calculated on the total AUM managed on behalf of clients across institutional and retail channels.
2. Performance Fees: The company earns performance fees from certain funds when investment returns exceed specified benchmarks or hurdles. In 2025, exceptional performance fees of £120.3 million contributed to underlying profit before tax of £138.3 million, representing a significant boost to profitability.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Jupiter Fund Management is a UK-based specialist active asset manager that manages investment funds across equities, fixed income, and multi-asset strategies for institutional and retail clients. The firm operates 19 specialist investment teams managing £68.4 billion in assets under management (as of 31 March 2026), generating revenue primarily through management fees on AUM and performance fees on certain funds.

Product overview

Jupiter Fund Management is a specialist, high-conviction, active asset manager operating as a platform of fund products across multiple domiciles and share classes. The product suite is organized under multiple fund ranges: JGF (Jupiter Global Funds - Luxembourg/SICAV domiciled), JAMS (Jupiter Asset Management Series - Irish domiciled), and Jupiter Unit Trusts (UK-domiciled). All Lux and Irish domiciled funds integrate sustainability risks into investment decisions under SFDR Article 6, with multiple products classified under SFDR Article 8 (promoting environmental or social characteristics) including European equity, global high yield bond, systematic thematic strategies, and dynamic bond funds. The UK fund range includes two funds with FCA Sustainability Disclosure Requirements (SDR) labels: the Jupiter Ecology Fund (Sustainability Focus Label) and Jupiter Responsible Income Fund (Sustainability Improvers Label). The firm also manages funds across global emerging markets, North America, Japan, and multi-asset portfolio solutions. A key recent development was the acquisition of CCLA Investment Management in February 2026, adding £15 billion in AUM and expanding access to the non-profit client channel.

Differentiator

Problem solved

Functional benefit

Products and services

• JGF - Jupiter Global Funds (Luxembourg/SICAV range)
• JAMS - Jupiter Asset Management Series (Irish range)
• Jupiter Unit Trusts (UK-domiciled range)
• CCLA Investment Management services
• Institutional investment management mandates

Quantifiable outcome

• First calendar year of positive net inflows since 2017 with £1.3 billion in net flows for full year 2025
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered minor and core.

• Dormant Assets SchememinorStrategic or Co-development Partner · 23 October 2025Jupiter joined the Dormant Assets Scheme alongside Schroders, J.P. Morgan, and Janus Henderson to direct dormant funds into social and environmental initiatives while allowing customers to reclaim their assets at any time. The scheme, launched in 2011 and expanded after regulatory changes, aims to unlock over £240 million for causes including financial inclusion and literacy.
• CCLA Investment ManagementcoreStrategic or Co-development Partner · 10 July 2025Jupiter Fund Management acquired CCLA Investment Management for £100 million, with regulatory approval, integrating CCLA's £15 billion of assets and client base by 2025. The acquisition expanded Jupiter's presence in the UK charitable and local authority sectors, adding access to the non-profit client channel and generating combined net inflows of £1.7 billion across Retail & Wholesale and Institutional channels.
• Net Zero Asset Managers InitiativeminorStrategic or Co-development Partner · 1 January 2021Jupiter became a signatory to the Net Zero Asset Managers initiative in 2021, committing to support the goal of net zero greenhouse gas emissions by 2050 and reporting annually on progress towards minimising environmental impacts of operations and investments.
• United Nations Global CompactminorStrategic or Co-development PartnerJupiter is a signatory to the UN Global Compact, committing to uphold and protect human rights and environmental standards in its operations and investments.
• RE100minorStrategic or Co-development PartnerJupiter participates in RE100 initiative, committing to sourcing 100% renewable electricity for operations.
• UN Principles for Responsible InvestmentminorStrategic or Co-development PartnerJupiter is a signatory to the UN PRI, committing to incorporate ESG factors into investment decisions and active ownership practices.
• Climate Action 100+minorStrategic or Co-development PartnerJupiter participates in Climate Action 100+, an investor initiative to ensure the world's largest corporate greenhouse gas emitters take necessary action on climate change.
• Finance for Biodiversity PledgeminorStrategic or Co-development PartnerJupiter is a signatory to the Finance for Biodiversity Pledge, committing to collaborate and share best practices on biodiversity topics.
• Institutional Investors Group on Climate Change (IIGCC)minorStrategic or Co-development PartnerJupiter is a member of the IIGCC, participating in collaborative investor engagement on climate change policy and corporate practices.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Liontrust Asset Management: Liontrust is a UK-listed specialist active asset manager with a multi-team platform structure analogous to Jupiter's 19-team model. Both compete in UK retail and intermediary channels with high-conviction active equity and fixed income strategies.
• Man Group: Man Group is a UK-listed active investment manager with systematic and discretionary strategies across equities, alternatives, and multi-asset. Comparable to Jupiter as a London-listed publicly traded asset manager targeting institutional and wholesale clients.
• Polar Capital: Polar Capital is a UK-listed boutique active asset manager with specialist investment teams running thematic and regional equity strategies. Its specialist-team model and UK/European distribution footprint make it a close comparable to Jupiter's high-conviction active approach.
• Abrdn: Abrdn (formerly Standard Life Aberdeen) is a UK-listed global asset manager with similar institutional and retail/wholesale fund distribution, and active strategies across equities, fixed income, and multi-asset. It competes head-to-head with Jupiter across UK and European platforms.
• Schroders: Schroders is a UK-headquartered, publicly listed active asset manager offering equity, fixed income, and multi-asset strategies through institutional, intermediary, and private wealth channels. It is the most directly comparable UK-listed active asset manager to Jupiter in scale, distribution model, and product range.
• M&G: M&G is a UK-listed asset and wealth manager serving retail and institutional clients across similar geographies and product types. Comparable to Jupiter in its focus on active fixed income and equity strategies distributed through UK and European platforms.

Broad incumbents

• Amundi: Amundi is Europe's largest asset manager with active and passive strategies across all major asset classes. It competes with Jupiter across European institutional and retail platforms, especially for Article 8/9 SFDR-classified products.
• BlackRock: BlackRock is the world's largest asset manager with active and iShares passive franchises. While much larger and more diversified than Jupiter, it sets the competitive benchmark on fees, performance, and ESG integration that directly pressures Jupiter's positioning in institutional and retail channels.
• Fidelity International: Fidelity International is a large UK-headquartered global active asset manager with extensive retail and institutional fund offerings. Comparable to Jupiter in product breadth and UK/European distribution, though materially larger in scale.

Emerging players

• Baillie Gifford: Baillie Gifford is a privately held Edinburgh-based active asset manager with a strong thematic and growth-equity focus. Comparable to Jupiter's specialist active approach and ESG orientation, though it operates as a private partnership rather than a public company.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/jupiteram_UK

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jupiter Fund Management