Rathbones UTM reports 74% rise in inflows in 2019

'Exceptional' year for RUTM

Anna Fedorova
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Rathbones' multi-asset portfolios, Global Opportunities fund and Ethical Bond fund attracted strong net flows during the year
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Rathbones' multi-asset portfolios, Global Opportunities fund and Ethical Bond fund attracted strong net flows during the year

Rathbone Unit Trust Management (RUTM) has had an "exceptionally" good year, with net inflows rising 73.7% to £943m pushing the group into ninth position in terms of retail sales in the latest Pridham Report, according to the 2019 results from parent group Rathbone Brothers.

The inflows were spread across a range of funds, but the multi-asset portfolios, Global Opportunities fund and Ethical Bond fund attracted particularly strong net flows during the year. Assets under management at the unit trust part of the business also rose 32.1% to hit £7.4bn by the end of December 2019, up from £5.6bn at the end of the previous year. Operating income came in at £37.2m, slightly higher than the £36.7m achieved in 2018. Rathbones' Stick on UK value opportunities Overall, its wealth management parent business saw total funds under management jump 14.3% to £50.4b...

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