Rathbone Brothers PLC. Rathbones Jersey Funds Under Management Grow 25%. The Jersey subsidiary of Rathbone Investment Management Limited has reported significant growth in the 12 months to 31 December 2016, reflecting the ongoing success of its local and international expansion strategy.
The Jersey business has seen total funds under management rise to £1.52bn at 31 December 2016, an increase of 25% during the year. Revenue increased by 15% to £9.94m over the same period and profit before tax grew substantially to £1.90m from £0.71m.
Commenting on this performance, Jonathan Giles, Managing Director of Rathbone Investment Management International Limited said “These results reflect an extremely strong year for our business and demonstrate the value of an experienced team that simply puts clients first, engages with their advisors and delivers good performance. This momentum has carried into 2017 and we continue to invest in the best interests of our clients and growth of our business, such as the launch of the Rathbone Private Office and ongoing recruitment of talented people." Ends 27 March 2017
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Catherine Taylor Chief Operations Officer Rathbone Investment Management International firstname.lastname@example.org