economy
Rathbones shares sink 18% as it halts investments by high-risk clients
Wealth manager at risk of near-£1bn hit to inflows
TL;DR
- Rathbones shares fell by 18%.
- The company has stopped accepting investments from high-risk clients.
- This decision could lead to a near-£1 billion reduction in investment inflows.
- The move is a risk management strategy.