By Frank Prenesti
Date: Wednesday 18 Jan 2023
(Sharecast News) - UK wealth manager Rathbones on Wednesday reported a fall in funds under management and administration (FUMA), citing lower inflows driven by market volatilty.
The company said FUMA at the end of 2022 fell to £60.2bn from £68.2bn a year ago.
"Whilst economic uncertainties are expected to prevail into 2023, we will remain focused on client engagement and delivery on our strategic priorities," the group said,
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