Upturn in financial services recruitment boosts Robert Walters

Upturn in financial services recruitment boosts Robert Walters

Recruitment giant Robert Walters has revealed that it saw its UK net fee income rise by 27% during the last quarter despite Brexit worries.

The London-headquartered group stated that it had seen a “notable upturn in financial services recruitment activity” during the quarter.

As well as performing well in London, Robert Walters also performed strongly in Asia, with Japan continuing to perform well and the emerging markets of Vietnam and Indonesia producing the strongest rates of net fee income growth.

Mainland China however continued to be challenging although Hong Kong returned to growth and the company also saw double-digit net fee income growth in Australia and continued strong performance in New Zealand.

Robert Walters, chief executive, said: "It's been a positive start to the year with Group net fee income increasing by 20%. We remain confident about the Group's prospects for the full year."

The group will publish its next trading update for the three months ending 30 June 2017 on 12 July 2017.