Edition:
India

Rathbone Brothers PLC (RAT.L)

RAT.L on London Stock Exchange

1,532.00GBp
1:55pm IST
Change (% chg)

-6.00 (-0.39%)
Prev Close
1,538.00
Open
1,530.00
Day's High
1,536.00
Day's Low
1,526.00
Volume
9,858
Avg. Vol
51,314
52-wk High
2,470.00
52-wk Low
1,194.00

Latest Key Developments (Source: Significant Developments)

Rathbone Brothers Says Q2 Started Well With Total Net Organic Inflows During April Of £0.4 Bln
Thursday, 7 May 2020 

May 7 (Reuters) - Rathbone Brothers PLC ::RATHBONE BROTHERS - FIRST QUARTER INTERIM MANAGEMENT STATEMENT.Q2 HAS STARTED WELL WITH TOTAL NET ORGANIC INFLOWS DURING APRIL 2020 OF £0.4 BILLION..TOTAL FUNDS UNDER MANAGEMENT AND ADMINISTRATION DECREASED BY 15.4% TO £42.6 BILLION AT END OF Q1* (31 DECEMBER 2019: £50.4 BILLION.TOTAL NET INFLOWS WERE £0.7 BILLION IN Q1 (Q1 2019: £0.2 BILLION).TOTAL UNDERLYING NET OPERATING INCOME OF £84.6 MILLION FOR THREE MONTHS ENDED 31 MARCH 2020 (Q1 2019: £85.3 MILLION).FINAL DIVIDEND FOR 31 DECEMBER 2019 OF 45 PENCE PER SHARE WILL BE PAID ON 12 MAY 2020.Q2 HAS STARTED WELL WITH TOTAL NET ORGANIC INFLOWS DURING APRIL 2020 OF £0.4 BILLION.  Full Article

Rathbone Brothers FY pretax profit 39.7 mln stg
Thursday, 20 Feb 2020 

Feb 20 (Reuters) - Rathbone Brothers PLC ::SAYS TOTAL FUNDS UNDER MANAGEMENT AND ADMINISTRATION £50.4 BILLION.SAYS FUNDS IN RATHBONE INVESTMENT MANAGEMENT GREW 11.7% TO £43.0 BILLION.SAYS STATUTORY PROFIT BEFORE TAX OF £39.7 MILLION (2018: £61.3 MILLION).SAYS UNDERLYING¹ PROFIT BEFORE TAX OF £88.7 MILLION (2018: £91.6 MILLION).SAYS BOARD RECOMMENDS A FINAL DIVIDEND OF 45P FOR 2019.SAYS PROFIT BEFORE TAX FOR YEAR TOTALLED £39.7 MILLION (2018: £61.3 MILLION) AND REFLECTS ANTICIPATED COSTS ASSOCIATED WITH ACQUISITION OF SPEIRS & JEFFREY.  Full Article

Rathbone Bros posts 14% AUM rise to 50.4 bln stg
Thursday, 9 Jan 2020 

Jan 9 (Reuters) - Rathbone Brothers PLC ::TOTAL FUMA AT 31 DECEMBER 2019 WERE £50.4 BILLION, UP 14.3% FROM £44.1 BILLION AT 31 DECEMBER 2018.RATHBONE BROTHERS PLC - TOTAL NET INFLOWS ACROSS GROUP IN 2019 WERE £0.6 BILLION (2018: £8.5 BILLION).GROSS ORGANIC INFLOWS IN INVESTMENT MANAGEMENT FOR YEAR TOTALLED £3.3 BILLION (2018: £3.8 BILLION) IN SPITE OF WEAKER INVESTOR SENTIMENT.GROSS OUTFLOWS FOR YEAR TOTALLED £3.9 BILLION (2018: £2.7 BILLION).LAST QUARTER OF 2019 SAW EXIT OF SOME LOWER MARGIN MANDATES FOLLOWING INTEGRATION OF SPEIRS & JEFFREY AND ADDITIONAL OUTFLOWS AS SOME PENSION AND OTHER INSTITUTIONAL MANDATES WERE REPOSITIONED BY TRUSTEES..ALTHOUGH WE CONTINUE TO EXPECT MACRO-ECONOMIC CONDITIONS TO DRIVE VOLATILITY MORE GENERALLY ACROSS INVESTMENT MARKETS IN SHORTER TERM, WE REMAIN FOCUSSED ON PURSUING STRATEGIC OBJECTIVES WE SET OUT IN OCTOBER 2019.  Full Article

Rathbone Brothers books 4.4% rise in AUM to 49.4 bln stg
Thursday, 17 Oct 2019 

Oct 17 (Reuters) - Rathbone Brothers PLC ::TOTAL FUNDS UNDER MANAGEMENT AND ADMINISTRATION INCREASED 4.4% TO £49.4 BILLION AT 30 SEPTEMBER 2019 (30 SEPTEMBER 2018: £47.3 BILLION)..TOTAL NET INFLOWS WERE £0.1 BILLION IN Q3 (2018: £7.0 BILLION, LARGELY REFLECTING ACQUISITION OF SPEIRS & JEFFREY).GROSS ORGANIC INFLOWS IN INVESTMENT MANAGEMENT IN QUARTER REMAINED RESILIENT AT £0.8 BILLION (2018: £0.8 BILLION) IN A DIFFICULT MARKET FOR SAVINGS..NET INFLOWS IN UNIT TRUSTS FOR QUARTER REMAINED STRONG AT £0.3 BILLION AGAINST A DIFFICULT ENVIRONMENT FOR ASSET MANAGERS (2018: £0.1 BILLION)..INCOME IN INVESTMENT MANAGEMENT TOTALLED £76.7 MILLION IN QUARTER, UP 8.3% ON £70.8 MILLION REPORTED FOR COMPARABLE PERIOD IN 2018..WE INTEND TO LEVERAGE CORE STRENGTHS OF OUR BUSINESS BY INVESTING OVER NEXT 2-3 YEARS TO ENHANCE ORGANIC GROWTH..DURING THIS TIME, WE BELIEVE IT IS APPROPRIATE TO OPERATE BUSINESS CLOSER TO A MID-TWENTIES UNDERLYING OPERATING MARGIN TO ENABLE US TO CREATE LONG TERM GROWTH OPPORTUNITIES, IMPROVE CLIENT SERVICES AND DELIVER PRODUCTIVITY GAINS..  Full Article

Rathbone Brothers H1 funds 49.2 bln stg
Wednesday, 24 Jul 2019 

July 24 (Reuters) - Rathbone Brothers PLC ::SAYS TOTAL FUNDS UNDER MANAGEMENT AND ADMINISTRATION REACHED A RECORD £49.2 BILLION AT 30 JUNE 2019, UP 11.6% FROM £44.1 BILLION AT 31 DECEMBER 2018.SAYS £42.5 BILLION IN INVESTMENT MANAGEMENT BUSINESS.SAYS TOTAL GROWTH IN FUNDS MANAGED BY INVESTMENT MANAGEMENT WAS £0.1 BILLION IN FIRST SIX MONTHS OF 2019.SAYS NET ORGANIC OUTFLOWS IN FIRST HALF OF YEAR TOTALLED £0.1 BILLION (30 JUNE 2018: NET INFLOWS OF £0.4 BILLION)..SAYS PROFIT BEFORE TAX FOR SIX MONTHS TO 30 JUNE 2019 OF £20.0 MILLION (2018: £43.7 MILLION) REFLECTED A NUMBER OF EXPECTED ITEMS, PRIMARILY IN RELATION TO ACQUISITION OF SPEIRS & JEFFREY.SAYS INCREASING OUR INTERIM DIVIDEND IN LINE WITH OUR PROGRESSIVE DIVIDEND POLICY BY 4.2% TO 25P.  Full Article

Rathbone Brothers Names Jennifer Mathias As Group Finance Director
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - Rathbone Brothers PLC ::APPOINTMENT OF GROUP FINANCE DIRECTOR.JENNIFER MATHIAS HAS BEEN APPOINTED GROUP FINANCE DIRECTOR.JENNIFER WILL JOIN CO ON 1 APRIL 2019 AND WILL ALSO BE APPOINTED AS AN EXECUTIVE DIRECTOR TO RATHBONES BOARD.FOLLOWING JENNIFER'S APPOINTMENT, PAUL STOCKTON, CURRENT FINANCE DIRECTOR, WILL RESUME EXECUTIVE DIRECTOR ROLE FULL TIME.  Full Article

Rathbone Brothers H1 pretax up 64.3 pct
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Rathbone Brothers PLC ::SAYS UNDERLYING PROFIT BEFORE TAX* INCREASED 11.5% FROM £43.3 MILLION TO £48.3 MILLION IN FIRST SIX MONTHS OF 2018.SAYS UNDERLYING PROFIT MARGIN REMAINED STRONG AT 31.5% COMPARED TO 30.4% IN 2017. UNDERLYING EARNINGS PER SHARE INCREASED 11.3% TO 76.1P (2017: 68.4P)..SAYS PROFIT BEFORE TAX FOR HALF YEAR INCREASED 64.3% FROM £26.6 MILLION TO £43.7 MILLION.SAYS THIS NOT ONLY REFLECTS OUR UNDERLYING PERFORMANCE BUT ALSO A NUMBER OF SIGNIFICANT NON-UNDERLYING ITEMS IN 2017, WHICH HAVE NOT RECURRED IN 2018.SAYS BOARD RECOMMENDS A 24.0P INTERIM DIVIDEND FOR 2018 (2017: 22.0P).SAYS TOTAL FUNDS UNDER MANAGEMENT AT 30 JUNE 2018 WERE £39.9 BILLION, UP 2.0%.SAYS TOTAL NET ORGANIC AND ACQUIRED GROWTH IN FUNDS MANAGED BY INVESTMENT MANAGEMENT WAS £0.5 BILLION IN FIRST SIX MONTHS OF 2018, REPRESENTING A NET ANNUAL GROWTH RATE OF 2.5%.SAYS FUNDS UNDER MANAGEMENT IN UNIT TRUSTS WERE £5.8 BILLION AT 30 JUNE 2018.  Full Article

Rathbone posts drop in funds under management at March 31; sees inflows picking up

Rathbone Brothers on Thursday posted a 15.4% slump in funds under management as of the end of March due to the coronavirus-led selloff in financial markets, but was encouraged that the second quarter had started well with strong inflows.