Record (REC)

Sector:

Financials

Index:

FTSE Small Cap

63.90p
   
  • Change Today:
      1.80p
  • 52 Week High: 98.00
  • 52 Week Low: 62.10
  • Currency: UK Pounds
  • Shares Issued: 199.05m
  • Volume: 86,663
  • Market Cap: £127.20m

Record's assets under management grow following new client additions

By Iain Gilbert

Date: Friday 19 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Currency manager Record saw assets under management (AUM) move ahead slightly in the second quarter after adding new clients during the period.
AUM hit $58.3bn in the three months ended 30 June, up from the $57.3bn reported on March 31.

The London-listed group's dynamics hedging business created $300m in net inflows, a marked turnaround from its $1.1bn loss in the first quarter, while Record's passive hedging shrugged of its $2.3bn loss in the previous quarter to end the second with a $100m inflow.

At the end of the quarter, Record had 68 clients, having added three new clients since the end of the first quarter.

Chief executive James Woods-Collins said: "Economic, political and market uncertainty continue to provide opportunities to engage with current and potential clients. The combination of this engagement and our ongoing emphasis on enhancement and innovation means that we are seeing an encouraging range of new business opportunities across products and geographies.

"These will continue to be balanced against competition and fee pressure. Overall we are confident of making further progress in the current financial year."

As of 1030 BST, Record shares had dipped 1.46% to 32.02p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Record Market Data

Currency UK Pounds
Share Price 63.90p
Change Today 1.80p
% Change 2.90 %
52 Week High 98.00
52 Week Low 62.10
Volume 86,663
Shares Issued 199.05m
Market Cap £127.20m

Record Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
35.43% below the market average35.43% below the market average35.43% below the market average35.43% below the market average35.43% below the market average
22.41% below the sector average22.41% below the sector average22.41% below the sector average22.41% below the sector average22.41% below the sector average
Income Not Available
Growth
72.50% above the market average72.50% above the market average72.50% above the market average72.50% above the market average72.50% above the market average
75.93% above the sector average75.93% above the sector average75.93% above the sector average75.93% above the sector average75.93% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Record Dividends

  Latest Previous
  Interim Final
Ex-Div 30-Nov-23 13-Jul-23
Paid 22-Dec-23 09-Aug-23
Amount 2.15p 2.45p

Trades for 28-Mar-2024

Time Volume / Share Price
16:16 2,000 @ 63.45p
16:09 3,153 @ 63.45p
16:00 3,892 @ 63.60p
15:53 11,061 @ 63.45p
15:44 3,000 @ 63.18p

Record Key Personnel

CFO Steve Cullen
CEO Jan Witte

Top of Page