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Funds increase at Rathbones
BRITISH wealth manager Rathbone Brothers yesterday reported 6.1 per cent growth in its funds under management for the first three months of the year, beating a small rise in financial markets as its affluent clients invested more money in its products.
Rathbones said funds under management rose to £16.81m at the end of March.
The firm also said its investment management division pulled in £165m during the quarter.