Rathbones more optimistic after 'challenging' 2012

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Rathbone Brothers saw total funds under management rise 13.4% to £18bn in 2012 but the underlying rate of growth slowed in what it described as a "challenging" year.

The underlying annualised rate of net organic growth in Rathbone Investment Management's funds under management rose by 3%, down from 5.4% in 2011 but ahead of some analyst estimates. Total FUM at its...

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