REG - Record PLC - RECORD PLC FOURTH QUARTER TRADING UPDATE (Q4 FY26)

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RNS Number : 7418B  Record PLC  24 April 2026

24 April 2026

 

 

 

RECORD PLC

FOURTH QUARTER TRADING UPDATE

 

Record plc, the specialist currency and asset manager, is pleased to announce
its trading update for the three months ended 31 March 2026 ("Q4 FY26").

 

Highlights

 

·     A third successive quarter of net inflows, with AUM of US$114.6bn at
year end reflecting positive client flows offset by asset market movements and
FX headwinds.

·     Performance fees of £0.4m crystallised in Q4 FY26 (Q4 FY25:
£0.3m), bringing performance fees for the full year to £2.8m (FY25: £3.2m).

·     Average fee rates in the quarter remained broadly unchanged from the
previous quarter.

·     Earnings expectations for the full year remain unchanged, despite
changing market conditions in the face of global macroeconomic and political
volatility.

 

AUM composition

 

AUM at 31 March 2026 totalled US$114.6bn (31 December 2025: US$115.9bn).

 

The composition of and changes to AUM by product were as follows:

 

                                                 Net flows  Asset movement  FX movement and scaling
  US$ billion (bn)             31 December 2025             31

                                                            March 2026

 Passive Hedging               76.0              1.1        (0.2)           (1.1)                    75.8
 Dynamic Hedging               17.6              0.1        (0.7)           -                        17.0
 Solutions for Asset Managers  17.4              0.3        (0.5)           (0.2)                    17.0
 Risk Management               111.0             1.5        (1.4)           (1.3)                    109.8
 FX Alpha                      2.7               (0.1)      -               -                        2.6
 Custom Opportunities          0.8               -          -               -                        0.8
 Other                         0.3               -          -               -                        0.3
 Absolute Return               3.8               (0.1)      0.0             0.0                      3.7
 EM Local Debt                 1.0               -          -               -                        1.0
 Infrastructure                0.1               -          -               -                        0.1
 Private Markets               1.1               0.0        0.0             0.0                      1.1
 Total                         115.9             1.4        (1.4)           (1.3)                    114.6

 

Record plc will announce its results for the 12 months ended 31 March 2026 on
19 June 2026.

 

 

 

 

LEI Number: 5493000VJ55ZTYGX4322

 

 

-Ends-

 

 

 

 

 

 For further information, please contact:

 

 Record plc                                       Tel: +44 (0)20 3892 1300

 Dr. Jan Witte, Chief Executive Officer           investorrelations@recordfg.com

 Samantha Dunn, Interim Chief Financial Officer

 Panmure Liberum                                  Tel: +44 (0)20 7886 2500

 Atholl Tweedie | David Watkins

 

 

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