LONDON (Thomson Financial) - Investment manager Rathbone Brothers Plc.
posted a slightly higher first-half pretax profit from continuing operations 'in
spite of volatile and difficult' financial markets and said it looks to medium-
and long-term prospects with guarded optimism.
Pretax profits for the six months to end-June came in at 24 million pounds
from 23.4 million pounds, while basic earnings per share from continuing
operations rose 2.3 percent to 41 pence.
Total funds under management decreased 8.6 percent to 12.0 billion pounds,
but the company said this figure beats the market average.
Rathbone maintained its interim dividend per share at 16 pence.
TFN.newsdesk@thomson.com
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