Russell Lynch: Optimistic Rathbone no longer cautious
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Rathbone, the august wealth manager which traces its history back to 1742, is optimistic about the outlook for shares this year after a market-beating 13.4 per cent rise in funds it manages in 2012.
The FTSE 100 index finally starts with a six while funds under management are approaching £18bn.
"For the last five years, we have said we are cautiously optimistic," jokes chief executive Andy Pomfret. "This year, we are confident enough to drop the word cautious," he adds.
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