British fund manager Rathbone Brothers has posted pre-tax profit of £44.2 million for the year ended 31 December 2013, an increase of 14.8%, compared to £38.5 million in 2012.
Total funds under management were £22 billion at 31 December 2013, an increase of 22.2% from £18 billion at 31 December 2012.
Go deeper with GlobalData
The total net annual growth rate of funds under management for Rathbone Investment Management was 9%, versus6.2% in 2012.
Net operating income in Rathbone Investment Management of £165.3 million for the year ended 31 December 2013, compared to £146.7 million a year ago which represents an increase of 12.7%.
Net interest income in Rathbone Investment Management was £8.6 million compared to £9.9 million a year ago.
Rathbone Unit Trust Management saw positive net monthly sales throughout 2013 helping its funds under management to increase by 38.5% to £1.8 billion at 31 December 2013, compared with £1.3 billion a year ago.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataProfit before tax in Rathbone Unit Trust Management was £1.4 million for the year ended 31 December 2013, versus £0.6 million in 2012.
