Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Rathbone's AUM soars to record £22bn

Rathbone's AUM soars to record £22bn

Rathbone Brothers saw its assets under management rise by 5.8% to hit a record £22 billion in the fourth quarter.

Total funds under management were up 22.2% over the calendar year. Rathbone Investment Management grew its AUM by 16.7% from £16.7 billion to £20.2 billion in 2013 with 5.4% of the net asset growth organic.

Rathbone Unit Trust Management’s AUM rose 38.5% from £1.3 billion to £1.8 billion over the year with net inflows of £327 million in 2013.

In a stock market update, the group, which is led by chief executive Andy Pomfret (pictured), said: ‘Our outlook remains positive as we start 2014, in line with the current sentiment in investment markets. Rathbones remains well positioned to take advantage of growth opportunities as they arise and continues to consolidate its position as a leading provider of high quality, personalised investment and wealth management services.’

The group will announce its preliminary annual results on 20 February.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Brewin's Foster: the world’s most unconventional monetary policies

Brewin's Foster: the world’s most unconventional monetary policies

In this week's podcast, Guy Foster asks why the world’s biggest economies are pursuing some of the world’s most unconventional monetary policies. 

Play Charles Tan on Woodford & hidden trust income gems

Charles Tan on Woodford & hidden trust income gems

Cantor Fitzgerald investment company analyst Charles Tan discusses Woodford Patient Capital and some of the income trusts slipping under the radar.  

Play Taxicab Tenner: SGPB Hambros CIO Eric Verleyen

Taxicab Tenner: SGPB Hambros CIO Eric Verleyen

In the second episode of our new series, Verleyen jumps on board a black cab and explains how hard it's become to find good valuation on the market.  

Wealth Manager on Twitter