Rathbones Group has seen its funds under management and administration grow close to 25% over the past year, hitting £68.2bn in December 2021.
The investment management business was up 12% from £44.9bn in December 2020 to £50.3bn at the end of 2021. Of this, £4.5bn came from gross inflows, while net organic inflows accounted for £0.8bn. Rathbone Funds was up 32.7% from £9.8bn at 31 December 2020, reflecting "very strong net inflows", while Saunderson House funds under management and administration hit £4.9bn following completion of the acquisition in October. Rathbone Greenbank details plan for net zero by 2040 Peel Hunt has maintained its 'buy' recommendation for Rathbones Group following the update, saying the fir...
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