Weak Rathbones results cause wealth manager’s stock price to dip Investing Rathbones reported a weak three months as assets dropped by 0.1 per cent thanks to investors pulling £561m from the wealth manager. The wealth manager’s stock dropped by more than three per cent upon market open this morning following the publication of its quarterly results. Withdrawals from the business were caused by a variety of [...]
Rathbones profit skyrockets 120 per cent as Investec merger pays off Investment Rathbones Group's underlying profit before tax skyrocketed 120 per cent in the first half of the year, after its merger with Investec W&I.
Rathbones merger with Investec Wealth ‘progressing well’ but outflows ‘elevated’ Investment "The integration of IW&I is progressing well with run-rate synergies now £10.6m, up from the £8.0m reported at 31 December 2023," Stockton said.
Rathbones cashes in on Hipgnosis bidding war as it sells almost entire stake May 7, 2024 A major shareholder has sold almost its entire stake in Hipgnosis Songs Fund after its shares spiked following a bidding war.
Meet the fund managers: Lessons from 40 years in the investment industry April 22, 2024 In City A.M.'s weekly series, Elliot Gulliver-Needham sits down with David Coombs, head of multi-asset investments at Rathbones.