CORRECT:INTERVIEW:Rathbones Interested In More Lloyds-Style Buys

28th Jul 2010 12:58

("=INTERVIEW: Rathbones Interested In More Lloyds-Style Buys," published at 0835 GMT, misstated the amount of funds in the second paragraph. The error also appeared in the third paragraph of "Rathbone Brothers 1H Pretax Profit +11%; Confident Of 2H Growth," published at 0635 GMT. The correct version follows:) By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. fund manager Rathbone Brothers PLC (RAT.LN) is interested in making acquisitions similar to its previous purchases of some of the private banking business of Lloyds Banking Group PLC (LLOY.LN), Chief Executive Andy Pomfret said Wednesday. Rathbone acquired GBP665 million of funds under management from Bank of Scotland in October 2009 and also agreed to act as investment manager to clients of Bank of Scotland and parent Lloyds. "We're open to doing deals like that again," Pomfret told Dow Jones Newswires, adding that the integration of the Lloyds funds is now complete to the point that it is unlikely to report on these funds separately in future. -By Rachael Gormley, Dow Jones Newswires; 44-20-7842-9308; [email protected] (END) Dow Jones Newswires July 28, 2010 07:58 ET (11:58 GMT)