10th Jan 2008 07:00
Rathbone Brothers PLC10 January 2008 10 January 2008 Rathbone Brothers Plc Trading Update and Notice of Results Trading Update Rathbone Brothers Plc ("Rathbones"), a leading provider of discretionary fundmanagement and wealth management services for private investors and trustees, ispleased to announce that total funds under management as at its year end, 31December 2007, stood at £13.12 billion, a rise of 7.2% compared with £12.24billion as at 31 December 2006. During the same period the FTSE 100 Index rose by 3.8% and the FT All-ShareIndex by 2.0%. The FTSE/APCIMS Balanced Index, which Rathbones regards as theindex which most closely reflects the spread of investments held by its privateinvestor and trustee clients, rose by 2.5% during the year. Funds managed by Rathbone Investment Management Limited rose 8.2% over the 12months to 31 December 2007 to £11.23 billion. Funds managed by Rathbone UnitTrust Management rose from £1.86 billion to £1.89 billion, an increase of 1.6%during the year. Notice of Results Rathbone Brothers Plc will issue its preliminary results for the year ended 31December 2007 on Thursday 6 March 2008, which are anticipated to be in line withmarket expectations. ENDS For further information contact: Rathbone Brothers Plc 020 7399 0000 (Switchboard)Mark Powell, ChairmanAndy Pomfret, Chief ExecutiveEmily Morris, Marketing Director Smithfield 020 7360 4900Reg Hoare/Miranda Good Notes for editors: Rathbone Brothers Plc specialises in providing, through its subsidiaries,personalised investment management and wealth management services for privateclients and trustees, including discretionary asset management, tax planning,trust and company management, and banking services. It manages £13.12 billion offunds, including £1.89 billion managed by Rathbone Unit Trust Management (as at31 December 2007). For existing investment management and trust company clients,Rathbones offers a range of banking services, from overnight cash and currencyaccounts to time deposits and overdraft facilities. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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