Rathbones Group PLC (RAT.L) on Thursday reported higher first-quarter operating income, while funds under management and administration declined from the end of 2025.
Total operating income increased 9.4% to £240.7 million from £220.1 million in the prior-year quarter.
Funds under management and administration were £113.6 billion at the end of the quarter, compared with £115.6 billion at December 31, 2025.
Within Wealth Management, funds under management and administration stood at £105.2 billion, down from £106.2 billion at the end of 2025. Asset Management gross funds under management declined to £15.7 billion from £16.6 billion previously.
Total net outflows for the quarter were £0.8 billion, unchanged from the prior-year period.
Wealth Management recorded net outflows of £0.4 billion, compared with £0.5 billion a year earlier, while Asset Management net outflows increased to £0.4 billion from £0.3 billion.
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