Record (REC)

Sector:

Financials

Index:

FTSE Small Cap

 68.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 87.20
  • 52 Week Low: 58.00
  • Currency: UK Pounds
  • Shares Issued: 199.05m
  • Volume: 0
  • Market Cap: £135.36m

Record hikes AUME to $56.6bn at end-December 2016

By Andrew Schonberg

Date: Friday 20 Jan 2017

LONDON (ShareCast) - (ShareCast News) - Specialist currency manager Record has hiked its assets under management equivalents (AUME) to $56.6bn at 31 December 2016, from $55.0 three months earlier.
Chief executive James Wood-Collins said the US dollar's strength dominated the second half of the fourth quarter, following Donald Trump winning the US presidential election.

Trump -- who is inaugurated on Friday -- is seen as holding economic ambitions that are supportive of the greenback.

"The more divergent paths now appearing between the policies of major central banks was underlined by the Federal Reserve's decision to raise the base rate by 0.25% in December," Wood-Collins said in a statement.

This contrasted with European Central Bank's decision in December to extend its quantitative-easing programme. Bank of England cut its benchmark rate in the preceding quarter.

"The recent referendum result in Italy, plus forthcoming elections in the Netherlands, France and later in 2017 Germany, continue to remind investors of the ongoing event risk in foreign exchange markets," Wood-Collins said.

He said that, against this backdrop, it was pleasing to report flows into multi-product and hedging products during the quarter.

"Such volatility and uncertainty in markets continues to provide opportunities for Record to discuss both its return-seeking and risk-reducing products with current and potential clients."

At 15:00 GMT, shares in Record were down 6.25% to 37.5p.

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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 68.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 87.20
52 Week Low 58.00
Volume 0
Shares Issued 199.05m
Market Cap £135.36m

Record Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.19% above the market average5.19% above the market average5.19% above the market average5.19% above the market average5.19% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Price Trend
35.45% below the market average35.45% below the market average35.45% below the market average35.45% below the market average35.45% below the market average
27.59% below the sector average27.59% below the sector average27.59% below the sector average27.59% below the sector average27.59% below the sector average
Income
69.33% above the market average69.33% above the market average69.33% above the market average69.33% above the market average69.33% above the market average
32.35% above the sector average32.35% above the sector average32.35% above the sector average32.35% above the sector average32.35% above the sector average
Growth
18.24% below the market average18.24% below the market average18.24% below the market average18.24% below the market average18.24% below the market average
6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% 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
  Final Special
Ex-Div 11-Jul-24 11-Jul-24
Paid 02-Aug-24 02-Aug-24
Amount 2.45p 0.60p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

Record Key Personnel

CEO Jan Witte
CFO Richard Heading

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