RUTM shoots the lights out in Q3 despite challenging markets

21.9% rise in income in Q3 2020

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 ...