Rathbones Jersey funds under management grow 14%
The Jersey subsidiary of Rathbone Investment Management Limited has reported continued growth in the twelve months to 31 December 2017, reflecting the ongoing success of its local and international expansion strategy.
The Jersey business has seen total funds under management rise to £1.74bn at 31 December 2017, an increase of +14% during the year, and an increase of +63% over the past three years. Revenue increased by +9% to £10.86m over the same twelve month period.
Commenting on this performance, Jonathan Giles, Managing Director of Rathbone Investment Management International Limited said “We’re obviously delighted to report continued growth in what remains a challenging economic and political environment. Our clients are benefitting from our consistency of approach, strong performance and high quality service. The positive momentum has continued into 2018 reflecting, I believe, our core focus on putting our clients first and supporting this effort with continued recruitment into our award winning team.”