Rathbones to restructure private client offering
Rathbones is to launch a private client office and rebranding initiative as it seeks to build upon its funds under management increase.
Rathbones is to launch a private client office and rebranding initiative as it seeks to build upon its funds under management increase.
David Till and Martin Vanstone joined the Cambridge and Chichester offices respectively on 24 November.
Recent fund flow data from both Lipper funds and Bank of America Merril Lynch shows that, for many investors, the high yield bond space is no longer the place to be, but what about the manager that still needs the yield?
Rathbone Brothers has appointed Mike Bolsover OBE to the newly-created position of head of strategy and organisation development.
Rathbones finalised an out of court settlement earlier this week, under which it has agreed to pay £15m to a former client of a now sold Jersey trust company subsidiary and costs of £5m.
While a few notes of caution were raised in the spate of wealth manager results released in the last few days, the outlook is generally fairly sanguine.
Rathbones profits rose 33% year-on-year despite relatively flat markets the company said in an interim statement.
There are a number of measures advisers can use to assess investment managers performance. One of these, the Global Investment Performance Standards (GIPS), hit the headlines recently when Rathbones announced it was GIPS compliant. But what are GIPS, how do they compare
Picking companies that stand to benefit from a rate hike is not rocket science, says Rathbone’s David Coombs, but it is not not a short-term view.
Is the 'sell in May and go away' adage still relevant in today's trading environment? I fear not.
The unit trust side of Rathbones' business showed a strong first quarter ending with £2.1bn funds under management.
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