Rothschild & Co reported growth in wealth management and profits for 2020.

Wealth management assets under management were up 10.5 percent to €55.8 billion at the end of the year, following net inflows of €2.9 billion. Assets were also slightly boosted by a re-definition of ‘AUM’, to bring the wealth & asset management division in line with the wider group.

Wealth management revenue increased by 4 percent to €402 million (2019: €386 million).

Wealth & asset management

Wealth management is part of the ‘wealth & asset management’ rep...