Second Quarter Trading Update
22 October 2026
RECORD PLC
SECOND QUARTER TRADING UPDATE
Record plc ("Record", the "Company" or the "Group"), the specialist asset manager, is pleased to announce its trading update for the three months ended 30 September 2026.
AUM composition
Assets under management ("AUM") at 30 September 2026 totalled $130.3 billion (30 June 2026: $122.0 billion), an increase of 7% in the quarter. The composition of and changes to AUM by product pillar were as follows:
Risk Management
Absolute Return
Private Markets
Total
$bn
$bn
$bn
$bn
30 June 2026
98.7
4.4
18.9
122.0
Net flows
(0.3)
9.8
0.9
10.4
Asset movement
(0.1)
-
-
(0.1)
FX movement
(2.4)
0.4
-
(2.0)
30 September 2026
95.9
14.6
19.8
130.3
At the end of the quarter, the Group also held undeployed commitments of $1.1 billion (30 June 2026: $1.2 billion) and assets under advisory1 of $0.4 billion (30 June 2026: $0.4 billion) within Private Markets.
Jan Witte, CEO of Record plc commented:
"I am pleased to report another quarter of strong growth for Record, with AUM reaching a new high of $130.3 billion. The $10.4 billion net inflows were driven mainly by new mandates within Absolute Return and Private Markets. This marks a fifth consecutive quarter of positive net flows for the Group. This was partially offset by underlying asset movements and impacts from foreign exchange movements.
Alongside this growth in AUM, we crystallised performance fees of £2.2 million in H1 FY27 (H1 FY26: £0.8 million). Performance across the Group remains in line with expectations for the full year.
We will give further details on Group performance in our interim results for the six months ended 30 September 2026, which will be announced on 6 November 2026."
1. Assets under advisory represent client assets for which the Group earns recurring fees but is not the appointed investment manager.
LEI Number: 5493000VJ55ZTYGX4322
-Ends-
For further information, please contact:
Record plc
Jan Witte, Chief Executive Officer
Albert Soleiman, Chief Financial Officer
Tel: +44 (0)20 3892 1300
investorrelations@recordfg.com
Panmure Liberum
David Watkins | Atholl Tweedie
Tel: +44 (0)20 7886 2500
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