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United Kingdom

Rathbone Brothers PLC (RAT.L)

RAT.L on London Stock Exchange

2,370.00GBp
20 Mar 2019
Change (% chg)

-8.00 (-0.34%)
Prev Close
2,378.00
Open
2,348.00
Day's High
2,378.00
Day's Low
2,348.00
Volume
304
Avg. Vol
41,297
52-wk High
2,708.00
52-wk Low
2,158.00

Latest Key Developments (Source: Significant Developments)

Rathbone Brothers posts higher profit
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Rathbone Brothers PLC ::RATHBONE BROTHERS - PRELIMINARY ANNOUNCEMENT OF FINAL RESULTS.RATHBONE BROTHERS - TOTAL FUNDS UNDER MANAGEMENT AND ADMINISTRATION WERE £44.1 BILLION AT 31 DECEMBER 2018, UP 12.8% FROM £39.1 BILLION AT 31 DECEMBER 2017.RATHBONE BROTHERS PLC - TOTAL NET ANNUAL GROWTH RATE OF FUNDS UNDER MANAGEMENT AND ADMINISTRATION FOR INVESTMENT MANAGEMENT WAS 23.5% (2017: 3.9%).RATHBONE BROTHERS PLC - UNDERLYING OPERATING INCOME IN INVESTMENT MANAGEMENT TOTALLED £275.3 MILLION FOR YEAR ENDED 31 DECEMBER 2018 (2017: £254.6 MILLION).RATHBONE BROTHERS PLC - FUNDS UNDER MANAGEMENT IN UNIT TRUSTS WERE £5.6 BILLION AT 31 DECEMBER 2018 (31 DECEMBER 2017: £5.3 BILLION).RATHBONE BROTHERS PLC -FY UNDERLYING OPERATING EXPENSES OF £220.4 MILLION (2017: £198.5 MILLION).RATHBONE BROTHERS PLC - WORK TO INTEGRATE SPEIRS & JEFFREY INTO RATHBONES IS PROGRESSING WELL.RATHBONE BROTHERS PLC - MIGRATION TO COMMON SYSTEMS IS PLANNED TO BE COMPLETED BY MID 2019.RATHBONE BROTHERS PLC - BOARD RECOMMENDS A FINAL DIVIDEND OF 42P FOR 2018 (2017: 39P).RATHBONE BROTHERS PLC - PHILIP HOWELL WILL RETIRE AS CHIEF EXECUTIVE BY 9 MAY 2019.RATHBONE BROTHERS - PAUL STOCKTON WILL TAKE ON ROLE OF CHIEF EXECUTIVE.RATHBONE BROTHERS PLC - JENNIFER MATHIAS WILL TAKE ON ROLE OF GROUP FINANCE DIRECTOR WHEN SHE JOINS COMPANY ON 1 APRIL 2019.RATHBONE BROTHERS PLC - IN 2018 AND AT BEGINNING OF 2019 WE HAVE CONSULTED ON EXECUTIVE REMUNERATION.  Full Article

Rathbone Bros appoints new Chief Executive Officer
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Rathbone Brothers PLC ::REG-APPOINTMENT OF CHIEF EXECUTIVE OFFICER.AFTER ACHIEVING A SUCCESSFUL PERIOD OF CONSIDERABLE GROWTH, BOARD OF RATHBONE BROTHERS PLC ANNOUNCES THAT PHILIP HOWELL WILL RETIRE AS CHIEF EXECUTIVE OFFICER AND FROM BOARD BY 2019 ANNUAL GENERAL MEETING.HAS APPOINTED PAUL STOCKTON AS CEO SUCCESSOR, SUBJECT TO REGULATORY APPROVAL.DURING INTERVENING PERIOD, PHILIP AND PAUL WILL CONTINUE TO WORK CLOSELY TO ENSURE THERE IS A SMOOTH TRANSITION..  Full Article

Rathbone Brothers' Q3 Underlying NOI Up 13.9 Pct At 80.3 Mln Stg
Wednesday, 17 Oct 2018 

Oct 17 (Reuters) - Rathbone Brothers Plc ::TOTAL FUNDS UNDER MANAGEMENT, INCLUDING 6.7 BILLION POUNDS FROM SPEIRS & JEFFREY, WERE 47.3 BILLION POUNDS AT SEPTEMBER 30 .QTRLY NET OPERATING INCOME OF 70.8 MILLION POUNDS IN INVESTMENT MANAGEMENT WAS 13.3 PCT HIGHER THAN 62.5 MILLION POUNDS FOR COMPARABLE PERIOD IN 2017.FUNDS UNDER MANAGEMENT IN UNIT TRUSTS AT 30 SEPTEMBER 2018 WERE 6 BILLION POUNDS, UP 3.4 PCT FROM 5.8 BILLION POUNDS AT JUNE 30 .UNDERLYING NET OPERATING INCOME WAS 80.3 MILLION POUNDS FOR THREE MONTHS ENDED SEPTEMBER 30, UP 13.9 PCT FROM 70.5 MILLION POUNDS IN Q3 OF 2017.QTRLY NET ANNUALISED GROWTH IN FUNDS UNDER MANAGEMENT FOR INVESTMENT MANAGEMENT, EXCLUDING SPEIRS & JEFFREY DEAL, 2.8 PCT (2017: 3.5 PCT).  Full Article

Rathbone Brothers appoints Terri Duhon As A Non-Exec Director
Monday, 2 Jul 2018 

July 2 (Reuters) - Rathbone Brothers Plc ::REG-APPOINTMENT OF NEW NON-EXECUTIVE DIRECTOR.APPOINTMENT OF TERRI DUHON AS A NON-EXECUTIVE DIRECTOR.  Full Article

Rathbone Brothers Plc's total funds under management down 3.3 pct in Q1
Thursday, 10 May 2018 

May 10 (Reuters) - Rathbone Brothers PLC ::REG-RATHBONE BROTHERS PLC : 1ST QUARTER RESULTS.TOTAL FUNDS UNDER MANAGEMENT FELL 3.3% TO £37.8 BN IN Q1, COMPARED WITH DECREASES IN FTSE 100 INDEX AND MSCI WMA PRIVATE INVESTOR BALANCED INDEX OF 6.4% AND 3.8% RESPECTIVELY.UNDERLYING NET OPERATING INCOME WAS £75.4 MILLION DURING QUARTER, UP 6.8% FROM £70.6 MILLION FROM SAME PERIOD LAST YEAR.NET OPERATING INCOME OF £66.6 MILLION IN INVESTMENT MANAGEMENT FOR Q1 OF 2018 WAS 5.2% HIGHER THAN £63.3 MILLION FOR COMPARABLE PERIOD IN 2017.TOTAL NET ORGANIC AND ACQUIRED GROWTH IN INVESTMENT MANAGEMENT WAS £199 MLN IN Q1 VS £318 IN 2017, REPRESENTING A TOTAL ANNUALISED GROWTH RATE OF 2.4% VS 4.2% IN 2017 AND REFLECTING SOME MARGINALLY HIGHER OUTFLOWS..UNIT TRUSTS SAW NET INFLOWS OF £142 MLN DURING THE QUARTER VS £109 MLN IN 2017. THESE WERE OFFSET BY MARKET PERFORMANCE RESULTING IN FUNDS UNDER MANAGEMENT REMAINING STABLE AT £5.3 BLN.  Full Article

BRIEF-Rathbone Brothers funds under management rise 14 pct in 2017
Thursday, 11 Jan 2018 

Repeats to add additional codes:REG-RATHBONE BROTHERS PLC : TRADING STATEMENT.‍TOTAL FUNDS UNDER MANAGEMENT AT 31 DECEMBER 2017 WERE £39.1 BILLION, UP 14.3% FROM £34.2 BILLION AT 31 DECEMBER 2016​.‍TOTAL NET INFLOWS ACROSS GROUP FOR YEAR WERE £2.1 BILLION (2016: £1.7 BILLION)​.‍FUNDS UNDER MANAGEMENT IN INVESTMENT MANAGEMENT WERE £33.8 BILLION AT 31 DECEMBER 2017, UP 11.9% FROM £30.2 BILLION AT 31 DECEMBER 2016​.‍TOTAL NET INFLOWS IN INVESTMENT MANAGEMENT (ORGANIC AND ACQUIRED) FOR Q4 WERE £290 MILLION (Q4 2016: £292 MILLION)​.‍TOTAL INVESTMENT MANAGEMENT INFLOWS FOR YEAR WAS £1.2 BILLION (2016: £1.2 BILLION)​.‍FUNDS MANAGED BY UNIT TRUSTS REACHED A RECORD £5.3 BILLION AT 31 DECEMBER 2017, UP 32.5% FROM £4.0 BILLION AT 31 DECEMBER 2016​.‍TOTAL NET FUND INFLOWS TOTALLED £272 MILLION IN Q4 OF 2017 (Q4 2016: £125 MILLION) AND WERE £883 MILLION FOR FULL YEAR (2016: £554 MILLION)​.‍TOTAL UNIT TRUST NET FUND INFLOWS TOTALLED £272 MILLION IN Q4 OF 2017 (Q4 2016: £125 MILLION) AND WERE £883 MILLION FOR FULL YEAR (2016: £554 MILLION)​.  Full Article

Rathbone Brothers funds under management rise 14 pct in 2017
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Rathbone Brothers Plc ::REG-RATHBONE BROTHERS PLC : TRADING STATEMENT.‍TOTAL FUNDS UNDER MANAGEMENT AT 31 DECEMBER 2017 WERE £39.1 BILLION, UP 14.3% FROM £34.2 BILLION AT 31 DECEMBER 2016​.‍TOTAL NET INFLOWS ACROSS GROUP FOR YEAR WERE £2.1 BILLION (2016: £1.7 BILLION)​.‍FUNDS UNDER MANAGEMENT IN INVESTMENT MANAGEMENT WERE £33.8 BILLION AT 31 DECEMBER 2017, UP 11.9% FROM £30.2 BILLION AT 31 DECEMBER 2016​.‍TOTAL NET INFLOWS IN INVESTMENT MANAGEMENT (ORGANIC AND ACQUIRED) FOR Q4 WERE £290 MILLION (Q4 2016: £292 MILLION)​.‍TOTAL INVESTMENT MANAGEMENT INFLOWS FOR YEAR WAS £1.2 BILLION (2016: £1.2 BILLION)​.‍FUNDS MANAGED BY UNIT TRUSTS REACHED A RECORD £5.3 BILLION AT 31 DECEMBER 2017, UP 32.5% FROM £4.0 BILLION AT 31 DECEMBER 2016​.‍TOTAL NET FUND INFLOWS TOTALLED £272 MILLION IN Q4 OF 2017 (Q4 2016: £125 MILLION) AND WERE £883 MILLION FOR FULL YEAR (2016: £554 MILLION)​.‍TOTAL UNIT TRUST NET FUND INFLOWS TOTALLED £272 MILLION IN Q4 OF 2017 (Q4 2016: £125 MILLION) AND WERE £883 MILLION FOR FULL YEAR (2016: £554 MILLION)​.  Full Article

Rathbone brothers funds under management up 2.5 pct in Q3
Wednesday, 18 Oct 2017 

LONDON, Oct 18 (Reuters) - Rathbone Brothers Plc :‍‍Rathbone Brothers plc total funds under management were £37.5 billion at 30 September 2017; up 2.5 pct from £36.6 billion at 30 June​.‍Total net growth of funds under management in investment management was £0.3 billion, representing a total net annualised growth rate of 3.5 percent (2016: 5.0 percent)​.‍Net operating income of £62.5 million in investment management for three months ended 30 september 2017 was 5.6 percent higher than £59.2 million for comparable period in 2016​.‍Funds under management in unit trusts at 30 september 2017 were £5.0 billion, up 8.7 percent from £4.6 billion at 30 june 2017.​.‍Net inflows for quarter were a record £342 million compared to £170 million a year ago.​.‍"in a quarter where investment markets remained relatively benign, our total funds under management grew 2.5 percent to £37.5 billion in three months to 30 September 2017," said Philip Howell, Chief Executive of Rathbone Brothers​."‍We are well positioned for future and will continue to pursue growth opportunities both organically and through acquisition, approaching each with discipline," said Howell​.  Full Article

Rathbone Brothers posts higher profit, warns of Brexit hit on fund value

Wealth manager Rathbone Brothers Plc reported higher full-year profit on Thursday, benefiting from the purchase of Scottish peer Speirs & Jeffrey, but warned that Britain's exit from the European Union could affect the value of its funds.