Last checked at 21 Jan 2020 07:00
LEI Number: 213800CYIZKXK9PQYE87
IntegraFin Holdings plc
Q1 Funds Under Direction update
Funds Under Direction ("FUD") Update
21 January 2020
IntegraFin Holdings plc today announces the quarterly Funds Under Direction update for Transact - the award-winning platform providing services to UK clients and their financial advisers.
On 31 December 2019 FUD totalled £39,312 million, representing an increase of 4.0% over the quarter. Over the same period the FTSE All Share Index rose by 3.3% and the MSCI World Index rose by 0.6%.
Quarter ended | Quarter ended | |
31 Dec 2019 | 31 Dec 2018 | |
£m | £m | |
Opening FUD | 37,799 | 33,113 |
Inflows | 1,535 | 1,393 |
Outflows | -576 | -509 |
Net Flows | 959 | 884 |
Market movements | 561 | -2,337 |
Other movements(1) | -7 | -10 |
Closing FUD | 39,312 | 31,650 |
Notes:
(1) Includes investment income, fees and taxes.
Ian Taylor, CEO, said:
"We have started the financial year strongly, with our highest ever first quarter inflows. Data from Fundscape shows that Transact had the highest net inflows of all advised platforms in the first three quarters of 2019. The business is well positioned, with funds under direction 24% higher than 31 December 2018. These are positive indicators for the year ahead."
Enquiries
Media | |
Lansons | |
Tony Langham | +44 (0)79 7969 2287 |
Maddy Morgan Williams | +44 (0)79 4736 4578 |
Investors | |
Jane Isaac | +44 (0)20 7608 4937 |
IntegraFin Holdings plc
Q1 Funds Under Direction update
Historical Flow and FUD data by quarter
Q1 FY19 £m | Q2 FY19 £m | Q3 FY19 £m | Q4 FY19 £m | Q1 FY20 £m | |
Opening FUD | 33,113 | 31,650 | 34,406 | 36,352 | 37,799 |
Inflows | 1,393 | 1,444 | 1,388 | 1,475 | 1,535 |
Outflows | -509 | -518 | -592 | -584 | -576 |
Net Flows | 884 | 926 | 796 | 891 | 959 |
Market movements | -2,337 | 1,822 | 1,180 | 532 | 561 |
Other movements(1) | -10 | 8 | -30 | 24 | -7 |
Closing FUD | 31,650 | 34,406 | 36,352 | 37,799 | 39,312 |
Notes:
(1) Includes investment income, fees and taxes.