Ex-Brazil envoy slams London Mariana dam lawsuit as ‘undermining justice and encroaching sovereignty’
Rathbone Brothers funds under management rise despite slowing growth May 9, 2019 Wealth management firm Rathbone Brothers has reported that funds under management grew to £47.5bn in the first three months of this year, despite weak growth in its Investment Management business. Total funds under management were up 7.7 per cent to £47.5bn from £44.1bn at the end of last year, the firm said in a trading [...]
Rathbone Brothers boosts profits but warns of Brexit impact on funds February 21, 2019 Wealth manager Rathbone Brothers said today it had boosted its-full year profit but warned Brexit could affect the value of its funds. Underlying operating income in investment management grew to £275.3m for the year to 31 December, up from £254.6m the previous year. That figure includes £8.7m in relation to Scottish wealth manager Speirs and [...]
Rathbones Brothers inflows up after Speirs & Jeffrey acquisition January 10, 2019 Funds under management at Rathbone Brothers investment management were up 13.9 per cent per cent last year after being boosted by the acquisition of wealth manager Speirs & Jeffrey. Funds hit £38.5bn at the end of December last year, up from £33.8bn the previous year, including £6.4bn of funds related to the acquisition. However, in the [...]
Budget 2015: Personal finance groups including Hargreaves Lansdown, St James’ Place and Rathbone’s share price boosted by “saving revolution” Budget March 18, 2015 Personal finance groups were treated to a share price boost this afternoon, after George Osborne unveiled “a saving revolution”. Bristol-based IFA Hargreaves Lansdown led the pack, up 4.8 per cent at pixel time. St James' Place also jumped on the announcements, up 3.5 per cent. Rathbone Brothers's share price was up two per cent, while [...]
Rathbone Brothers slows in wake of FTSE stock weakness February 19, 2015 Wealth manager Rathbone Brothers hiked its full-year dividend yesterday despite a slowdown in underlying sales growth last year. The FTSE 250 firm, the biggest wealth manager in the UK behind rival St James’s Place, said the underlying rate of organic growth fell to four per cent during 2014, compared with 5.4 per cent in the [...]
Rathbones set to smash past the £25bn fund management barrier May 14, 2014 RATHBONE Brothers, the FTSE 250 listed wealth manager, yesterday said its two recent acquisitions of fund units would boost its funds under management by 12 per cent once the deal was complete. The firm, which caters for well heeled clients, acquired Jupiter Asset Management’s private clients business and Deutsche Bank’s London wealth management team earlier [...]
Rathbones buys £2.8bn private client managers April 1, 2014 RATHBONE Brothers bolstered its private banking business yesterday after spending around £57m on two acquisitions, increasing its assets under management by £2.8bn. The upmarket wealth manager has agreed to buy rival fund manager Jupiter’s private client and charity investment management business for £43.1m, assuming all of its assets are moved over. It has also snapped [...]
Rathbone boss leaves on a high as assets tick up February 20, 2014 WEALTH manager Rathbone Brothers ushered in a new era yesterday after long standing boss Andy Pomfret handed the reins over to the company’s new chief executive, as it reported double digit asset growth for last year. Pomfret, who has been an executive at the company for 15 years, leaves the business next Friday to be [...]
Rathbones battles the English lacrosse team in wet Hyde Park February 9, 2014 INVESTMENT managers at Rathbones had an unusually challenging afternoon on Friday, as a team from the City firm gathered in a muddy Hyde Park to take on the English lacrosse team at their own game. “There was more water than grass on the park but everyone enjoyed themselves,” Rathbones’ Chris Dean told The Capitalist. The [...]
Rathbone unit trusts help fund base surge 20pc January 9, 2014 RATHBONE Brothers, the upmarket wealth manager, yesterday said the amount of money it manages for people jumped by over 20 per cent last year, boosted by its unit trust business. The company, currently on the hunt for a new chief executive to replace Andy Pomfret who departs next month, saw funds managed by the company [...]