Wealth manager sees funds rise 7.7% to £47.5bn, despite ‘ongoing uncertainties’

Philip Howell
Funds under management and administration at Liverpool wealth management firm Rathbone Brothers increased 7.7% in the first quarter, to £47.5bn. A trading update for the three months ended March 31, today, also revealed that underlying net operating income was £85.3m during the quarter, up 13.1% from £75.4m from the same period last year. Chief executive Philip Howell said: "In spite of ongoing political and economic uncertainties, our operating income in the first quarter increased 13.1% to £85.3m, reflecting the impact of ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...