Wealth management firm increases total funds under management

Rathbone's Port of Liverpool Building base
Liverpool wealth management firm Rathbone Brothers said total funds under management and administration at December 31, 2018, were £44.1bn, up 12.8% from the previous year. That compared with the FTSE 100 Index which decreased 12.5% and the MSCI WMA Private Investor Balanced Index which decreased 7.2% over 2018. In a trading update for the three months ended December 31, the firm said that, while the final quarter of 2018 reflected weaker investment markets, total year-end funds under management and administration benefited fro... For the full story register now for free or login below...