Further to the announcement made on 28 November 2019 Rathbones Group Plc ("Rathbones") announces that its wholly-owned subsidiary, Rathbone Investment Management Limited, has completed the acquisition of the Personal Injury and Court of Protection business of Barclays Wealth. Clients representing approximately £450m of FUM have successfully transferred to Rathbones.
Paul Stockton, Chief Executive of Rathbones Group Plc, commented:
"I am delighted to welcome the clients and employees of Barclays Wealth’s Personal Injury and Court of Protection business to Rathbones. This transaction represents another success for Rathbones as we deliver on our growth strategy."
6 April 2020
For further information contact:
Rathbones Group Plc
Tel: 020 7399 0000
Email: shelly.patel@rathbones.com
Paul Stockton, Chief Executive
Jennifer Mathias, Group Finance Director
Shelly Patel, Head of Investor Relations
Camarco (Communications adviser to Rathbones)
Tel: 020 3757 4984
Email: ed.gascoigne-pees@camarco.co.uk, julia.tilley@camarco.co.uk
Ed Gascoigne-Pees
Julia Tilley