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Pin to quick picksIntegraFin Holdings Regulatory News (IHP)

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Market Cap: £1.26b
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Q3 Funds Under Direction update

24 Jul 2018 07:00

RNS Number : 5007V
IntegraFin Holdings plc
24 July 2018
 

IntegraFin Holdings plc

Q3 Funds Under Direction update

 

Funds Under Direction ("FUD") Update

 

24 July 2018

 

IntegraFin Holdings plc (the "Company") today announces the quarterly Funds Under Direction update for Transact - the award-winning platform providing services to UK clients and their financial advisers.

 

On 30 June 2018 FUD totalled £31,884 million, representing an increase of 7.2% over the quarter and 14.2% increase over the year end. Over the quarter the FTSE All Share Index increased by 7.9% and the MSCI World Index increased by 7.4%.

 

 

Quarter ended

30 June 2018

£m

Quarter ended

30 June 2017

£m

Nine months ended

30 June 2018

£m

Nine months ended

30 June 2017

£m

Opening FUD

29,741

25,548

27,927

22,686

Inflows

1,466

1,388

4,441

3,851

Outflows

-487

-457

-1,327

-1,224

Net Flows

959

931

3,114

2,627

Market movements

1,141

194

822

1,286

Other movements(1)

43

33

21

106

Closing FUD

31,884

26,706

31,884

26,706

Notes:

 

(1) Includes investment income, fees and taxes.

 

Ian Taylor, CEO, said:

 

"We report another solid FUD update. Net inflows for the financial year to date are 18.5% ahead of last year and outflows have decreased as a proportion of opening FUD (4.8% vs 5.4%)."

 

 

Enquiries

 

Media

Lansons +44 (0) 7979 692287

Tony Langham

Maddy Morgan-Williams

Eva Murphy

 

Investors

Mark Mochalski +44 (0)20 7608 5339

 

 

 

IntegraFin Holdings plc

Q3 Funds Under Direction update

 

Historical Flow and FUD data by quarter

 

 

 

Q1

FY17

£m

Q2

FY17

£m

Q3

FY17

£m

Q4

FY17

£m

Q1

FY18

£m

Q2

FY18

£m

Q3

FY18

£m

Opening FUD

22,686

23,817

25,548

26,706

27,927

29,723

29,741

Inflows

1,051

1,412

1,388

1,451

1,463

1,532

1,446

Outflows

-357

-410

-457

-414

-396

-444

-487

Net Flows

694

1,002

931

1,037

1,067

1,088

959

Market movements

391

702

194

138

734

-1,053

1,141

Other movements(1)

46

27

33

47

-5

-17

43

Closing FUD

23,817

25,548

26,706

27,927

29,723

29,741

31,884

 

Notes:

 

(1) Includes investment income, fees and taxes.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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