Rathbones Group PLC (GB:RAT) has released an update.
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Rathbones Group PLC has made significant strides in integrating Investec Wealth & Investment, with an impressive synergy realization of £25.5 million, well above initial targets. Despite some macroeconomic challenges and the completion of Saunderson House migration, Rathbones managed to maintain positive net inflows in its investment management segment. The firm’s funds under management stood resilient at £108.8 billion at the close of the third quarter, positioning Rathbones to effectively support its clients amid potential taxation changes.
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