Rathbones Group suffered £3.4bn outflows in the fourth quarter of 2024, which mostly took place around the Autumn Budget.
In a trading update today (16 January), the firm noted the outflows remained at the same level as in Q3 2024 and offset the £3.2bn inflows recorded in the last three months of 2025. Funds under management and administration (FUMA) however, rose slightly over the period to £109.2bn, from £108.8bn at the end of September 2024 and £105.3bn at the end of 2023. Total net flows in the investment management arm's discretionary and managed propositions rose to around £400m from £100m in the third quarter, "reflecting client engagement in a turbulent" three months, Rathbones noted. At the s...
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