Rathbones' profits jump 64% as firm's 'full project agenda' gains traction
Busy first half of 2018
Philip Howell of Rathbones
Rathbones has announced an increase of 64.3% in profit before tax to £43.7m for the first half of 2018, as the company focuses on a number of developments including the acquisition of Scottish wealth manager Speirs & Jeffrey and the launch of its Global Sustainability fund.
The group said the rise in pre-tax profits from £26.6m not only reflects its underlying performance but also a number of significant non-underlying items in 2017, which have not recurred in 2018. Underlying...
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