Rathbones sees 24% FUM jump in 2015 despite slowing inflows

Inflows drop across investment business

Rathbone Unit Trust Management has seen a 24% jump in funds under management in 2014, despite a drop in inflows for the full year.

Funds under management at the investment arm of Rathbone Brothers jumped 24% during 2015, up to £3.1bn from £2.5bn on 31 December 2014. However, inflows for the full year slowed to £371m, from £554m seen in 2014, though the last quarter of the year saw an acceleration, with total sales of £165m versus £115m in Q4 2014. The underlying rate of net organic growth in funds under management at the investment arm also accelerated in the last three months of 2015, reaching 3.7% versus 2.1% for the same period the previous year. For the whole year growth remains lower, at 3% versus 4% in 2014...