© Reuters. Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo
By Sruthi Shankar
(Reuters) -The UK’s main stock indexes closed down on Tuesday as miners dragged blue chips lower, while shares of Jupiter Fund Management sank nearly 15%, knocked by outflows and exit of a star manager.
The British fund firm’s stock had fallen as much as 19.7% to touch an intraday record low after it flagged more-than-expected net outflows of 2.2 billion pounds ($2.8 billion) in 2023 and the departure of manager Ben Whitmore this summer.
The stock was the biggest faller on the midcap index, which was down 0.5%.
The blue-chip index slipped 0.1%, mirroring a downbeat mood across European and U.S. equity markets ahead of U.S. inflation data, the British GDP report and Wall Street bank earnings this week.
“Having ended 2023 very much on the up…
