The Board of Rathbones announces that further to the announcement made on 21 August 2017, exclusive merger discussions with Smith & Williamson have been terminated.
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Funds under management and administration update and notice of results
Fourth quarter trading update
Rathbones Group Plc – 3rd Quarter Results
Rathbones Group Plc (“Rathbones”) announces a trading update for the three months ended 30 September 2018.
Philip Howell, Chief Executive of Rathbones Group Plc, said:
“Our continuing growth and the acquisition of Speirs & Jeffrey on 31 August 2018 helped our total funds under management increase to £47.3 billion at 30 September 2018. This increase in scale places us in a strong position to continue to improve our service to clients and, mindful of recent volatility in investment markets, to maintain our disciplined investment in the business.”
Rathbones Charities team wins "hat trick" of awards
Rathbones has been named ‘Investment Manager of the Year’ at the Charity Times Awards 2016. The judges praised Rathbones’ “impressive growth” and “genuine commitment to ethics and performance.”
This is the third major charity accolade of the year for Rathbones, having won ‘Asset Manager of the Year’ at the Better Society Awards, and ‘Charity Investment Manager of the Year’ at the Citywealth Awards.
Ivo Clifton, Head of Specialist and Charity Business at Rathbones, comments: “We are delighted to have been named ‘Investment Manager of the Year’. Rathbones advises more than 1,000 charities and our
Rathbones Winchester sponsors world’s first Scout-led expedition to Antarctica
A Hampshire Scout has successfully completed the world’s first Scout expedition to Antarctica. The polar expedition, sponsored by Rathbones Winchester, saw Joe Doherty, (25) become the first to ski to the South Pole and to complete the return leg of his journey by wind-powered kite ski.
After man-hauling food and kit, enduring average temperatures of -27 degrees Celsius and regularly climbing to an altitude of 2900 metres, Joe reached the South Pole after a gruelling 45 days. He successfully completed the expedition in just 61 days.
Joe started his expedition to the Geographic South Pole
Appointment of Chief Executive Officer
After achieving a successful period of considerable growth, the board of Rathbones Group Plc (“Rathbones”) announces that Philip Howell will retire as Chief Executive Officer and from the board by the 2019 Annual General Meeting on 9th May 2019. The Board has appointed Paul Stockton as his successor, subject to regulatory approval. Paul has been Group Finance Director of Rathbones for nearly a decade and was appointed Managing Director of Rathbone Investment Management in May of this year. Paul has been a key individual in the firm's success and has played an integral role in the significant
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