Budget nerves hit quarterly outflows at Rathbones
16th Jan 2025 10:28
(Sharecast News) - Rathbones Group saw a spike in withdrawals around the Budget, the wealth and asset manager said on Thursday, offsetting discretionary inflows.
Read moreLondon close: Stocks make gains as ECB cuts rates
17th Oct 2024 15:21
(Sharecast News) - London stocks ended higher on Thursday, buoyed by strong gains in Rentokil and Entain, as investors digested the European Central Bank's rate cut and a wave of economic data from the US.
Read moreRathbones funds under management stable
17th Oct 2024 09:23
(Sharecast News) - Rathbones Group reported a stable level of funds under management and administration (FUMA) on Thursday, of £108.8bn as at 30 September, marginally down from £108.9bn at the end of June.
Read moreLondon close: Stocks finish higher as miners pace gains
31st Jul 2024 15:04
(Sharecast News) - London's stock markets ended the day with strong gains on Wednesday, driven by robust performances in the mining and energy sectors.
Read moreRathbones H1 profits surge after IW&I merger
31st Jul 2024 09:33
(Sharecast News) - Rathbones posted a jump in first-half profit and funds under management on Wednesday as it said it was ahead of its objectives following a merger with Investec Wealth & Investment (IW&I).
Read moreRathbones Group makes 'positive start' to FY24
9th May 2024 07:16
(Sharecast News) - Wealth manager Rathbones said on Thursday that it had made a "positive start" to FY24, partly due to its merger with Investec Wealth & Investment back in 2023.
Read moreRathbones 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.
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