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Financials

Jupiter sees 1.3 bln stg in Q3 net outflows, Europe takes hit

LONDON, Oct 11 (Reuters) - Jupiter Fund Management saw net outflows of 1.3 billion pounds ($1.62 billion) in the third quarter, mainly from its European growth strategy, it said on Friday.

Assets under management were 45.1 billion pounds at Sept. 30, a drop of 800 million pounds on the quarter, Jupiter said in a trading statement.

$1 = 0.8025 pounds Reporting by Carolyn Cohn; editing by Simon Jessop

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