Record has set itself the goal of generating greater growth and H121 showed some encouraging steps in this direction. The substantial new dynamic hedging mandate in the period was traditional business for the group, but there was also news of a new currency impact fund, which provides diversification, higher fee margins and the potential for significant development. The implementation of new IT systems is underway, and measures to develop and retain staff have been taken.
30 Nov 2020
Record - Making progress with strategy
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Record - Making progress with strategy
Record plc (REC:LON) | 62.2 -0.1 (-0.3%) | Mkt Cap: 123.8m
- Published:
30 Nov 2020 -
Author:
Andrew Mitchell -
Pages:
9
Record has set itself the goal of generating greater growth and H121 showed some encouraging steps in this direction. The substantial new dynamic hedging mandate in the period was traditional business for the group, but there was also news of a new currency impact fund, which provides diversification, higher fee margins and the potential for significant development. The implementation of new IT systems is underway, and measures to develop and retain staff have been taken.