16th Apr 2024 10:27
(Alliance News) - IntegraFin Holdings PLC on Tuesday said it was focused on delivering good client outcomes as it reported growth for funds under direction.
The London-based operator of the investment platform Transact said funds under direction rose 13% to GBP61.02 billion as at March 31, from GBP53.97 billion a year prior.
Inflows grew by 24% to GBP2.27 billion from GBP1.83 billion, while outflows increased 64% to GBP1.48 billion from GBP900 million.
However, Integrafin benefitted from market movements worth GBP2.20 billion in the just ended quarter, surging from GBP994 million a year prior.
Chief Executive Officer Alex Scott said: "Our continued focus on delivering good client outcomes and market leading customer service will ensure that the Transact platform continues to appeal to clients and advisers, thereby supporting the group's long-term growth."
Integrafin shares were down 0.7% to 285.00 pence each on Tuesday morning in London.
By Tom Budszus, Alliance News slot editor
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