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Rathbone Brothers Plc, the FTSE 250 wealth management company, has increased its commitment to English Lacrosse by becoming the title sponsor of the 2017 FIL Women’s Lacrosse World Cup.

The FIL Rathbones Women’s Lacrosse World Cup will be hosted at Surrey Sports Park the 13 – 22 July 2017. This will be the 10th Women’s World Cup and more than 26 nations are expected to compete for the world title. The nine day event will welcome over 10,000 spectators, 700 elite athletes and 2,000 festival lacrosse participants.

In February this year, Rathbones announced an extension to their partnership

This is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A.

It covers the year ended 31 December 2017.

Mark Nicholls, Chairman of Rathbones Group Plc, said:

“UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has been positive for both Rathbones and our clients, with our funds under management reaching a record £39.1 billion, up 14.3% in the year.

“Notwithstanding some caution, which naturally emerges at a time of high investment markets and political

Rathbones today confirms the appointment of Natalie Merrens as Head of Investment Solutions for Rathbone Private Office. Natalie has over 25 years’ experience in the financial services industry and joins from Kleinwort Benson where she was Head of the Investment Solutions Group. At Rathbones, she will be responsible for building the Rathbone Private Office proposition and will work alongside the client-facing team to help them provide investment advice and service to Private Office clients. Natalie will report to Andrew Clark, Head of Rathbone Private Office.

Natalie began her career as an FX

Rathbones has today strengthened its in-house Financial Planning team with the appointment of Gaius Jones as Head of Financial Planning, Rathbone Investment Management Ltd.

Philip Howell, Chief Executive of Rathbones Group Plc, said:



“The first half of 2018 has been a busy one for Rathbones as we progressed a full project agenda and announced the acquisition of

Speirs & Jeffrey whilst maintaining our focus on day-to-day operations. We remain confident in the outlook for the business.”

Highlights:

 

• Underlying profit before tax* increased 11.5% from £43.3 million to £48.3 million in the first six months of 2018. 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).
• P

The Board of Rathbones announces that further to the announcement made on 21 August 2017, exclusive merger discussions with Smith & Williamson have been terminated.