Record (REC)

Sector:

Financials

Index:

FTSE Small Cap

65.80p
   
  • Change Today:
    -2.20p
  • 52 Week High: 87.20
  • 52 Week Low: 58.00
  • Currency: UK Pounds
  • Shares Issued: 199.05m
  • Volume: 77,489
  • Market Cap: £130.98m

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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.

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Record Market Data

Currency UK Pounds
Share Price 65.80p
Change Today -2.20p
% Change -3.24 %
52 Week High 87.20
52 Week Low 58.00
Volume 77,489
Shares Issued 199.05m
Market Cap £130.98m

Record Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
9.66% above the market average9.66% above the market average9.66% above the market average9.66% above the market average9.66% above the market average
16.07% below the sector average16.07% below the sector average16.07% below the sector average16.07% below the sector average16.07% below the sector average
Price Trend
42.99% below the market average42.99% below the market average42.99% below the market average42.99% below the market average42.99% below the market average
36.21% below the sector average36.21% below the sector average36.21% below the sector average36.21% below the sector average36.21% below the sector average
Income
70.30% above the market average70.30% above the market average70.30% above the market average70.30% above the market average70.30% above the market average
35.29% above the sector average35.29% above the sector average35.29% above the sector average35.29% above the sector average35.29% above the sector average
Growth
18.09% below the market average18.09% below the market average18.09% below the market average18.09% below the market average18.09% 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 19-Jul-2024

Time Volume / Share Price
16:35 1,286 @ 65.80p
16:35 1 @ 65.80p
16:35 2 @ 65.80p
16:35 769 @ 65.80p
16:35 514 @ 65.80p

Record Key Personnel

CEO Jan Witte
CFO Richard Heading

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