Funds rise as Rathbones considers acquisitions

The London-based wealth manager confirms that its board has discussed takeover targets as it unveils a strong set of results for 2013

Rathbone Brothers - which was linked to a possible acquisition of the wealth arm of Jupiter Fund Management in January – has confirmed the board has held discussions about potential acquisitions during the year.

In its 2013 results statement announced today, the London-based wealth manager said: "The board spent considerable time discussing risk, strategy, potential acquisitions, succession planning and litigation matters."

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