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Record - AUME now over $70bn

  • 26 Jan 2021

Record - AUME now over $70bn


Record plc (REC:LON) | 66.0 0.6 1.4% | Mkt Cap: 131.4m


  • Edison
    • Andrew Mitchell

    • 5 pages

Asset Management image


 
Asset Management image


Record’s assets under management (AUME) reached over $70bn for the first time at the end of December, reflecting a combination of net flows and market, foreign exchange and scaling moves in Q321. The pattern of flows has increased the diversity of revenues while the benefits of initiatives to increase the breadth of product offering are yet to come; the launch of the Currency Impact Fund is due soon and a pipeline of other potential products is in development, supported by technology investment.

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Record - AUME now over $70bn


Record plc (REC:LON) | 66.0 0.6 1.4% | Mkt Cap: 131.4m


  • Published: 26 Jan 2021
  • Author: Andrew Mitchell
  • Pages: 5
  • Edison


Record’s assets under management (AUME) reached over $70bn for the first time at the end of December, reflecting a combination of net flows and market, foreign exchange and scaling moves in Q321. The pattern of flows has increased the diversity of revenues while the benefits of initiatives to increase the breadth of product offering are yet to come; the launch of the Currency Impact Fund is due soon and a pipeline of other potential products is in development, supported by technology investment.

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