Rathbones FUM up 25% in 2021 following net inflows and Saunderson House acquisition

The investment management business was up 12% from £44.9bn in December 2020 to £50.3bn at the end of 2021.  Of this, £4.5bn came from gross inflows, while net organic inflows accounted for £0.8bn.  Rathbone Funds was up 32.7% from £9.8bn at 31 December 2020, reflecting "very strong net inflows", while Saunderson House funds under management and administration hit £4.9bn following completion of the acquisition in October.  Rathbones spent £150m last year on Saunderson House, the financial planning business owned by IFG Group, which was also the parent company to James Hay before the...