Rathbones revenue rises as it integrates acquisitions
6th Mar 2024 07:24
(Sharecast News) - Rathbones Group reported substantial growth in funds under management and administration (FUMA) in its preliminary results for 2023 on Wednesday, rising to £105.3bn from £60.2bn year-on-year, fueled largely by the acquisition of Investec Wealth & Investment UK (IW&I).
Read moreRathbones funds under management grows as it integrates Investec Wealth
17th Jan 2024 10:30
(Sharecast News) - Wealth manager Rathbones Group reported total funds under management and administration, including Investec Wealth & Investment (IW&I), of £105.3bn at the end of December on Wednesday.
Read moreRathbones Q3 inflows all but wiped out
19th Oct 2023 09:39
(Sharecast News) - Investment manager Rathbones said on Thursday that third-quarter flows were largely flat as a result of a "challenging market backdrop".
Read moreRathbones CFO to become chief of staff to support Investec Wealth transition
29th Sep 2023 07:14
(Sharecast News) - Rathbones chief financial officer Jennifer Mathias is stepping down at the end of the year to become group chief of staff to support the integration of Investec Wealth & Investment Limited (IW&I), the company said on Friday.
Read moreRathbones posts mixed performance as it works on Invested combination
26th Jul 2023 08:51
(Sharecast News) - Investment manager Rathbones Group reported 2.7% growth in total funds under management and administration (FUMA) in its interim results on Wednesday, reaching £60.5bn, compared to £58.9bn at the same point last year.
Read moreRathbones Group funds under management and administration tick up
4th May 2023 10:13
(Sharecast News) - Rathbones Group posted an uptick in first-quarter funds under management and administration on Thursday, reflecting positive market and investment performance.
Read moreInvestec wealth arm to merge with Rathbones in £839m deal
4th Apr 2023 07:18
(Sharecast News) - The UK wealth business of Investec and Rathbones have agreed to merge in an £839m all-share deal, the two companies said on Tuesday.
Read moreBerenberg downgrades Rathbones to 'hold'
7th Mar 2023 09:41
(Sharecast News) - Berenberg downgraded Rathbones Brothers on Tuesday to 'hold' from 'buy' and cut the price target to 2,200p from 2,400p as it said it sees better risk/reward elsewhere in the sector, at companies such as IntegraFin, Petershill Partners and Investec.
Read moreRathbones posts drop in full-year profits but net inflows hold up
1st Mar 2023 07:11
(Sharecast News) - Rathbones reported a big drop in full-year profits and a reduction in funds under management and administration, although net inflows held up.
Read moreRathbones confident in full-year amid volatile markets
19th Oct 2022 09:46
(Sharecast News) - Rathbones Group reported total funds under management and administration of £57.9bn at the end of its third quarter on Wednesday - down from £58.9bn quarter-on-quarter, and £68.2bn at the end of 2021.
Read moreRBC Capital Markets lowers target price on Rathbones Group
17th Oct 2022 10:26
(Sharecast News) - Analysts at RBC Capital Markets lowered their target price on investment manager Rathbones Group from 2,100.0p to 1,950.0p on Monday as it updated its model on the firm ahead of its third-quarter trading statement.
Read moreRathbones Group funds decline, net income rises
28th Jul 2022 10:44
(Sharecast News) - Rathbones Group reported total funds under management and administration of £58.9bn at the end of its first half on Thursday, down from £59.2bn year-on-year and £68.2bn at the end of 2021.
Read moreBarclays downgrades Rathbone Brothers to 'equalweight'
9th May 2022 07:41
(Sharecast News) - Barclays downgraded Rathbone Brothers on Monday to 'equalweight' from 'overweight', arguing that despite a robust medium-term outlook, flows are likely to remain subdued for the remainder of the year, given pressure on key asset classes.
Read moreRathbones 'resilient' as total funds under management falls
5th May 2022 09:38
(Sharecast News) - Rathbones Group reported a fall in total funds under management and administration over its first quarter on Thursday, to £64.7bn, compared to £68.2bn at the end of December.
Read moreRathbones profits soar as funds increase
24th Feb 2022 09:26
(Sharecast News) - Wealth manager Rathbones said annual profits more than doubled, boosted by a rise in funds under management.
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