Record’s H122 results showed benefits from its growth and diversification strategy. Its first new product, a sustainable fund, is increasing AUM and there is a pipeline of further opportunities with the potential to add further AUM and produce a richer fee mix. Board confidence in the outlook is evident in the step up in the ordinary dividend.
30 Nov 2021
Record - Evidence of new strategy gaining traction
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Record - Evidence of new strategy gaining traction
Record plc (REC:LON) | 62.0 -2.2 (-5.7%) | Mkt Cap: 123.4m
- Published:
30 Nov 2021 -
Author:
Andrew Mitchell -
Pages:
9
Record’s H122 results showed benefits from its growth and diversification strategy. Its first new product, a sustainable fund, is increasing AUM and there is a pipeline of further opportunities with the potential to add further AUM and produce a richer fee mix. Board confidence in the outlook is evident in the step up in the ordinary dividend.