Rathbones has seen its funds under management swell to more than £20bn, helped by its recent acquisition in the private client space.
Kira Nickerson discovers that some fund managers are beginning to re-examine this previously unpopular asset class.
Fund managers are starting to buy back into UK-listed large-cap miners, seeing valuations as too good to refuse as wider sentiment on the sector hits a "decade low".
Carl Stick, manager of the £504m Rathbone Income fund, has bought back into the mining sector for the first time in a number of years, initiating a small position in Rio Tinto.