RUTM shoots the lights out in Q3 despite challenging markets

21.9% rise in income in Q3 2020

Anna Fedorova
RUTM saw £400m in net inflows between July and September this year

RUTM saw £400m in net inflows between July and September this year

Rathbone Unit Trust Management (RUTM) has seen an uptick in net inflows and a significant rise in income in Q3 2020 compared to the same three-month period last year, despite difficult market conditions.

The retail fund business arm of wealth manager Rathbone Brothers managed to attract £400m in net inflows between July and September this year, £100m more than in Q3 2019. The business reported particularly strong inflows into its Global Opportunities, Ethical Bond and multi-asset funds. Rathbones' Mike Webb: We are never going back to the way we used to work According to the Pridham Report, which monitors fund sales and asset trends in the UK, RUTM was ranked in 10th position for overall net retail sales during the first and second quarters of 2020, maintaining its top 10 position ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Asset Managers