UK fund manager Rathbone’s total funds under management (FuM) were £22 billion as at 31 December 2013, up 22.2% from £18 billion as at 31 December 2012.
The fourth quarter alone saw assets soar by £1.2 billion, or 5.8%, as net inflows and organic growth escalated from last year.
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Total net inflows in Rathbones Investment Management rose to 9% in the fourth quarter and stood at 8.5% for the fourth quarter on an annualised basis, the fund manger said in a trading statement.
Rathbones acquired £600 million in funds during the year and £46 million in the fourth quarter of 2013.
Funds managed by Rathbone Unit Trust Management rose to £1.8 billion as at 31 December 2013 from £1.3 billion as at 31 December 2012, an increase of 38.5%.
Total net fund inflows totalled £170 million in the fourth quarter of 2013, comared£14 million in the corresponding quarter of 2012.
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By GlobalData"Our outlook remains positive as we start 2014, in line with the current sentiment in investment markets," the management said in the statement.
"Rathbones remains well positioned to take advantage of growth opportunities as they arise and continues to consolidate its position as a leading provider of high-quality, personalised investment and wealth management services."
