If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRecord Share News (REC)

Share Price Information for Record (REC)

Share Price is delayed by 15 minutes
Get Live Data
44.60    0.00 (0.00%)
Bid:
0.00
Ask:
0.00
Spread: 1.00 (2.227%)
Market Cap: £87.09m
REC Live PriceLast checked at - London Stock Exchange

Intraday Record Share Chart

Record Assets Under Management Up On Good Passive Hedging Performance

Fri, 22nd Jan 2016 07:36

LONDON (Alliance News) - Specialist currency manager Record PLC on Friday said its assets under management equivalent increased in the third quarter to the end of December, as growth in its passive hedging and currency for return mandates offset a fall in dynamic hedging.

Record said its total assets under management equivalent increased to USD53.5 million at the end of December from USD53.3 billion at the end of September.

Dynamic hedging mandate assets dipped to USD8.2 billion from USD8.7 billion, but this was offset by passive hedging assets rising to USD42.3 billion from USD42.1 billion and currency for return assets rising to USD2.8 billion from USD2.3 billion.

The dip was driven by exchange rate movements and offset by client inflows and stock market increases, Record said.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

Related News

IN BRIEF: Braemar names former Record CFO as finance chief
25 Jun 2026

IN BRIEF: Braemar names former Record CFO as finance chief

Braemar PLC - London-based provider of investment, chartering and risk management advice - Appoints Richard Heading as its new chief financial officer...

Record cuts final dividend as pretax profit declines
19 Jun 2026

Record cuts final dividend as pretax profit declines

(Alliance News) - Record PLC on Friday reported decreased profit and revenue for its latest year, but said it has "strong momentum" for the current on...

Record reports lower annual profits despite rise in AuM
19 Jun 2026

Record reports lower annual profits despite rise in AuM

(Sharecast News) - Record reported lower annual profits on Friday despite a sharp rise in assets under management, as reduced performance fees, mandat...

Record News

Record expects revenue growth, but visibility limited
20 Jun 2025

Record expects revenue growth, but visibility limited

(Sharecast News) - Shares in currency and asset manager Record dropped on Friday after the company delivered a set a of weaker financial results for t...

Record subsidiary agrees funding for Kore Potash's Kola Project
11 Jun 2025

Record subsidiary agrees funding for Kore Potash's Kola Project

(Sharecast News) - Record announced on Wednesday that its Record Asset Management subsidiary, through joint venture OWI-RAMS with One World Impact Par...

Kore Potash signs USD2.2 billion financing with Swiss-based OWI-RAMS
10 Jun 2025

Kore Potash signs USD2.2 billion financing with Swiss-based OWI-RAMS

(Alliance News) - Kore Potash PLC announced on Tuesday it has signed an agreement that will see OWI-RAMS GMBH fund Kore's Kola potash project in the R...

Record assets under management increase following forex gains
25 Apr 2025

Record assets under management increase following forex gains

(Alliance News) - Record PLC on Friday said it is "very well-positioned" going forward, as it posted an increase in assets under management in its fou...

SMALL-CAP WINNERS & LOSERS: Taylor Maritime sells ships amid tariffs
25 Apr 2025

SMALL-CAP WINNERS & LOSERS: Taylor Maritime sells ships amid tariffs

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

EXECUTIVE CHANGES: accesso hires former Nando's and Merlin exec as COO
24 Mar 2025

EXECUTIVE CHANGES: accesso hires former Nando's and Merlin exec as COO

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced in the past week and not separately repo...