Rathbone Brothers posts higher profit, warns on Brexit hit

(Reuters) - Wealth manager Rathbone Brothers Plc reported higher full-year profit on Thursday, mainly on the purchase of Scottish peer Speirs & Jeffrey, but warned Britain's impending divorce from the European Union could affect the value of its funds under management and administration.

Assets under management during the period were 44.1 billion pounds, as previously announced, up from 39.1 billion pounds, a year earlier.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Bernard Orr)