Rathbones’ net operating income increased 12.3 percent year-on-year in Q1 to £120.5 million.
At 31 March 2021 operating income stood at £107.3 million.
Total funds under management and administration (FUMA) fell five percent from £68.2 billion at 31 December to £64.7 billion.
However, year-on-year FUMA increased 15 percent to £55.83 billion.
Within the investment management business, FUMA fell 4.7 percent in Q1 to £47.9 billion from £50.3 billion at th...
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