Trading Update and Notice of Results

Trading Update and Notice of Results

13 April 2016

Jupiter Fund Management plc ("Jupiter", the "Group") today issues its trading update in respect of the three months to 31 March 2016.

HIGHLIGHTS

Overall net inflows for the quarter were £723 million, boosted by segregated mandate inflows, resulting in total AUM at 31 March 2016 of £36.2 billion.

§ Net mutual fund inflows of £443 million in the three months to 31 March 2016.

§ Net segregated mandate inflows of £274 million in the three months to 31 March 2016.

Maarten Slendebroek, Chief Executive, commented:

"We are pleased to report that our mutual fund franchise again delivered healthy net flows of £0.4 billion this quarter, complemented by net flows of £0.3 billion into segregated mandates. This has been achieved despite less favourable market conditions, although our investment performance has remained strong."

ASSETS UNDER MANAGEMENT AND FLOWS

Net mutual fund inflows were £443 million during the first quarter, with inflows into European equity and global bond strategies, and from the launch of a new Asian equity product. Total AUM increased across the quarter as net inflows more than offset negative market movements.

NOTICE OF RESULTS

Jupiter will be issuing its audited results for the period ended 30 June 2016 on 27 July 2016 and will host an analyst presentation to discuss the results at 9:00am. The presentation will be held at The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ.

SUMMARY

Continuing healthy levels of client flows affirm the confidence we have in our strategy to broaden our network of distribution relationships in those markets and products which offer the most potential for long-term growth. We are confident that, as we extend our relationships with key distributors on a global basis and deliver outperformance after fees, we can continue to deliver profitable growth at attractive margins. This, together with our sustainable balance sheet structure, should enable us to continue to share the rewards of this growth with our stakeholders.

Forward-looking statements

This announcement contains forward-looking statements with respect to the financial condition, results and business of the Group. By their nature, forward-looking statements involve risk and uncertainty because they relate to events, and depend on circumstances, that will occur in the future. Jupiter's actual results may differ materially from the results expressed or implied in these forward-looking statements. Nothing in this announcement should be construed as a profit forecast.

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