Rathbones' Webb: The benefits of being a medium-sized business

THE BIG INTERVIEW

Anna Fedorova talks to Rathbone Unit Trust Management CEO, Mike Webb, about his plans to develop the business for a post-RDR world.

Mike Webb, chief executive of Rathbone Unit Trust Management (RUTM), may have helped build Invesco Perpetual into the asset management giant it is today, but his goal for RUTM is anything but explosive asset growth. As chief executive of the retail asset management arm of Invesco (pre-Perpetual), Webb grew the business from £1.2bn in AUM to £7bn-£8bn in just three years, but that was not his plan when he started his current role in February 2010. “I did not join because I wanted to see the business explode tomorrow, I want to see it grow over three to five years,” he said. Currentl...