Rathbones FUM up 24% in 2015 despite lower inflows

Helped by acquisitions

Rathbone Unit Trust Management saw a 24% increase in funds under management during 2015, surpassing £3bn, despite a slowdown in inflows.

In its full-year results to the 31 December 2015, the firm said the increase was driven by net inflows of £371m. The firm's Income, Global Opportunities and Ethical Bond funds saw particularly strong sales. However, the overall figure was a decrease on the £554m the firm attracted during the previous year. Meanwhile, inflows in investment management for Rathbone Brothers as a whole were significantly lower, from £4bn in 2014 to £1.4bn; some £700m of this was due to acquired growth. Rathbones drives growth with HNW firm acquisition Total funds under management for Rathbone Brot...