Last checked at 20 Oct 2020 07:00
LEI Number: 213800CYIZKXK9PQYE87
IntegraFin Holdings plc
Q4 Funds Under Direction update
Funds Under Direction ("FUD") Update
20 October 2020
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 September 2020 FUD totalled £41,093 million, representing an increase of 3.5% over the quarter and an increase of 8.7% over the year. Over the quarter the FTSE All Share Index decreased by 3.8% and the MSCI World Index (Large & Mid Cap) rose by 2.8%.
| Quarter ended | Quarter ended | Financial year ended | Financial year ended |
| 30 Sept 2020 | 30 Sept 2019 | 30 Sept 2020 | 30 Sept 2019 |
| £m | £m | £m | £m |
Opening FUD | 39,711 | 36,352 | 37,799 | 33,113 |
Inflows | 1,291 | 1,475 | 5,750 | 5,700 |
Outflows | -560 | -584 | -2,160 | -2,203 |
Net Flows | 731 | 891 | 3,590 | 3,497 |
Market movements | 690 | 532 | -224 | 1,197 |
Other movements(1) | -39 | 24 | -72 | -8 |
Closing FUD | 41,093 | 37,799 | 41,093 | 37,799 |
Notes:
(1) Includes investment income, fees and taxes.
Alex Scott, CEO, said:
"Our 2020 financial year ended on 30th September. During the second half, the operating environment was difficult and unpredictable for us, for our clients, and for their advisers - and this seems likely to remain the case in the coming months.
Nevertheless, and in no small part due to the resilience and dedication of all involved, I am pleased to report robust flows.
Compared to our 2019 financial year, gross and net inflows held their own and we ended the year with our highest ever level of funds under direction."
Enquiries
Media |
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Lansons |
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Tony Langham | +44 (0)79 7969 2287 |
Maddy Morgan Williams | +44 (0)79 4736 4578 |
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Investors |
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Jane Isaac | +44 (0)20 7608 4937 |
IntegraFin Holdings plc
Q42 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 | Q2 FY20 £m | Q3 FY20 £m | Q4 FY20 £m |
Opening FUD | 33,113 | 31,650 | 34,406 | 36,352 | 37,799 | 39,312 | 34,990 | 39,711 |
Inflows | 1,393 | 1,444 | 1,388 | 1,475 | 1,535 | 1,699 | 1,225 | 1,291 |
Outflows | -509 | -518 | -592 | -584 | -576 | -596 | -428 | -560 |
Net Flows | 884 | 926 | 796 | 891 | 959 | 1,103 | 797 | 731 |
Market movements | -2,337 | 1,822 | 1,180 | 532 | 561 | -5,433 | 3,958 | 690 |
Other movements(1) | -10 | 8 | -30 | 24 | -7 | 8 | -34 | -39 |
Closing FUD | 31,650 | 34,406 | 36,352 | 37,799 | 39,312 | 34,990 | 39,711 | 41,093 |
Notes:
(1) Includes investment income, fees and taxes.