CORRECTED-Rathbones boosts assets with two wealth manager acquisitions

(Corrects second and third paragraphs to say Rathbones onlybuying part of Tilney)

LONDON, April 1 (Reuters) - British upmarket wealth managerRathbone Brothers has made two acquisitions, spendingmore than 57 million pounds ($95.03 million)and increasingassets under management by around 12.7 percent.

In a statement on Tuesday, Rathbones said it is acquiring aprivate client business from fund manager Jupiter for43.1 million pounds and part of Tilney Investment Managementfrom Deutsche Bank for 14.3 million pounds.

The Jupiter unit manages assets of 2.1 billion pounds whilethe Tilney team, part of its London private client wealthmanagement business, has around 700 million pounds undermanagement.

Rathbones also said it has raised 24.4 million pounds in ashare placing.($1 = 0.5998 British Pounds) (Reporting by Chris Vellacott. Editing by Simon Jessop)

Jupiter Fund Management

Rathbone