Rathbones reported its funds under management climbed 2.3% during the final quarter, reaching £115.6 billion. The wealth manager attributed the growth to positive market movements and steady client inflows. This latest update shows the firm closed out the year on a stable footing, navigating a volatile period for investment assets.

For a major wealth manager like Rathbones, quarterly FUMA figures are a key health check. They reflect both portfolio performance and its ability to attract new business. This growth comes after a year of market uncertainty, where investors sought shelter in safer assets. The company's long-standing reputation for discretionary management helps it retain clients during turbulent times.

Looking ahead, the market will watch for Rathbones' full-year results. Investors are keen to see how profit margins held up against rising operational costs. The company's integration of the Investec Wealth & Investment business remains a critical focus. Success there could unlock further efficiencies and strengthen its competitive position against rivals in the UK wealth sector.