Rathbones maintains positive flows in H1 but profits decline

clock • 2 min read

Rathbones is the latest manager to see falling profits in the first half of the 2022 financial year, though it managed to maintain inflows amid a volatile market environment. Profits at the 280-year-old asset manager dropped to £50m, down from £62.9m in June last year, as market volatility hit investor sentiment. Total funds under management across the group closed the period at £58.9bn, down from £59.2bn in June 2021, with assets in its funds business falling from £11.4bn to £10.9bn.  AJ Bell platform assets drop amid adverse market conditions Funds under management in Rathbone...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?