24th Apr 2026 09:40
Record PLC - Windsor, England-based specialist currency and asset manager - Record says its full year earnings expectations remain unchanged despite global volatility, after a third successive quarter of net inflows in the fourth quarter. Record reports positive net flows of USD1.4 billion, negative asset value moves of USD1.4 billion and negative foreign exchange and scaling movement of USD1.3 billion.
Assets under management at the end of March are USD114.6 billion, down from USD115.9 billion. The company books GBP400,000 of performance fees in the fourth quarter, up from GBP300,000 a year prior. This brings performance fees for the full year to GBP2.8 million, down from GBP3.2 billion. It adds that average fee rates in the quarter are broadly unchanged from the previous quarter.
Record says it will release its results for the financial year that ended March 31 on June 19.
Current stock price: 52.16p, down 1.6% in London early Friday
12-month change: down 3.8%
By Michael Hennessey, Alliance News reporter; updated by Tom Waite, Alliance News editor
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