British wealth manager Rathbone Brothers has revealed that its total funds under management (FuM) at 31 December 2014 were £27.2bn, up 23.6% from £22bn at December 31, 2013.
Net flows for the quarter were at £327m, compared to £353m a year ago. The acquisition of Jupiter Fund Management’s private client and charity investment business also boosted the FuM in 2014.
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The firm said that although it expects investment markets to continue to be volatile in 2015, its outlook remains positive.
"We continue to pursue our growth objectives, while responding to ongoing changes in the industry, and investing to ensure that we continue to have the right level of infrastructure and resources."
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