Rathbones and Investec Wealth merge to create £100bn business

Merger deal 'accelerates growth strategy' at Rathbones

Jenna Brown
clock • 2 min read

Rathbones Group and Investec have entered into an all-share combination of Rathbones and Investec Wealth & Investment to create a £100bn discretionary wealth management business.

The businesses said the combination brings together two of the biggest wealth management businesses in the UK with "closely aligned cultures and operating models and a shared commitment to client-centric values and sustainable growth". Rathbones said the combination represented a significant "value creation opportunity" for both Rathbones and Investec Group shareholders. Rathbones chair Clive Bannister said: "Bringing Rathbones together with Investec W&I UK will create the UK's leading discretionary wealth manager with approximately £100bn of funds under management and administration....

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