May 8, 2025

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Funds

Rathbones funds under management fall amid ‘considerable market turbulence’

Investment manager Rathbones said on Thursday that funds under management had fallen in the three months ended 31 March amid “considerable market turbulence”. Rathbones said funds under management and administration fell 4.7% to £104.1bn in the quarter as a result of heightened market volatility ahead of Donald Trump’s so-called “Liberation Day” tariff announcement, with net

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Investment

FMA criticised for delayed investment scam warning after retiree loses $1m

Victim Steven Fan, whose $1m retirement savings were never recovered, is appalled by the delay. He questions whether FMA staff failed to act sooner because they were on Christmas holiday. “Something like a scam is urgent, isn’t it? “I do question that. It is a bit slow. The horse is out the gate already.” The

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