REG - Record PLC - Second Quarter Trading Update

RecordAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251024:nRSX7310Ea&default-theme=true

RNS Number : 7310E  Record PLC  24 October 2025

24 October 2025

RECORD PLC

SECOND QUARTER TRADING UPDATE

 

Record plc ("Record", the "Company" or the "Group"), the specialist currency
and asset manager, is pleased to announce its trading update for the three
months ended 30 September 2025 ("Q2 FY26").

 

Jan Witte, CEO of Record plc commented:

 

"AUM ended the quarter at the highest level we have ever reported following
positive underlying asset growth. Inflows into Solutions for Asset Managers
("SAM"), previously known as Hedging for Asset Managers, were once again
strong, and were also positive in FX Alpha following successive periods of
outflows. We also made our first deployment of €100m of capital from our
Infrastructure Equity fund. Performance fees were £0.5m in the quarter,
bringing the total for the first half to £0.8m.

 

We will provide a further update with our interim results announcement to be
released next month."

 

Highlights

 

·    AUM increased to a new high of US$110.3 billion driven by growth in
underlying assets, partially offset by outflows as clients rebalanced their
exposures in response. Overall net flows were marginally positive.

·    Completed first deployment of €100m of capital from our
Infrastructure Equity fund.

·    Performance fees of £0.5m for Q2 FY26 (Q2 FY25: nil).

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

 

AUM composition

 

AUM at 30 September 2025 totalled US$110.3 billion (30 June 2025:
US$107.9 billion). The composition of and changes to AUM by product were as
follows:

 

                                 30     Net  Flow   Asset movement  FX Movement and Scaling  30
  US$ billion                    June               September
                                 2025               2025
  Passive Hedging                71.2   (1.4)       2.2             0.0                      72.0
  Dynamic Hedging                17.3   (0.1)       0.0             0.0                      17.2
  Solutions for Asset Managers   16.2   1.1         0.0             (0.1)                    17.2
  Risk Management                104.7  (0.4)       2.2             (0.1)                    106.4
  FX Alpha                       1.3    0.3         0.0             0.1                      1.7
  Custom Opportunities           0.7    0.0         0.1             0.0                      0.8
  Other                          0.2    0.1         0.0             0.0                      0.3
  Absolute Return                2.2    0.4         0.1             0.1                      2.8
  EM Local Debt                  1.0    0.0         0.0             0.0                      1.0
  Infrastructure                 0.0    0.1         0.0             0.0                      0.1
  Private Markets                1.0    0.1         0.0             0.0                      1.1
  Total                          107.9  0.1         2.3             0.0                      110.3

 

 

LEI Number: 5493000VJ55ZTYGX4322

 

 

-Ends -

 

 

 

 

 

  For further information, please contact:

 

 Record plc                                 investorrelations@recordfg.com

 Dr. Jan Witte, Chief Executive Officer

 Richard Heading, Chief Financial Officer

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

  Atholl Tweedie | David Watkins

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTEASELAAASFEA



            Copyright 2019 Regulatory News Service, all rights reserved