By Robb M. Stewart

MELBOURNE, Australia--Wealth manager BT Investment Management Ltd. (BTT.AU) said Monday there would be no immediate change to the way its U.K. business manages funds or to its structure in the wake of Britain's vote to exit the European Union.

The company's JO Hambro Capital Management unit, which at the end of March had GBP20.1 billion (US$27.5 billion) in funds under management, is well positioned to respond to any changes that may be required to service U.K. and European clients with the U.K.'s withdrawal from the EU, BT Investment said.

In 2015, Westpac Banking Corp. (WBC.AU) reduced its stake in BT Investment to about 31%.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

June 26, 2016 20:31 ET (00:31 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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