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Investment management drives 13.6% rise in operating income for Rathbones
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investmentweek.co.ukIn its Q1 results published today (9 May), the company noted an operating income of £223.6m, without the £89.8m contribution from IW&I. Rathbones raids Brown Shipley for five senior managers At the same time, total funds under management and administration (FUMA) reached £107.6bn during the first three months of 2024, increasing by 2.1% compared to the previous quarter. The largest share of assets was posted by Rathbones Investment Management (£49.2bn) and Investec Wealth & Investment (£42.2bn). Market and investment performance added £2.8bn to Rathbones' FUMA during the firs...
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