Q1 Funds Under Direction update

RNS Number : 6912N

IntegraFin Holdings plc

22 January 2019

 

IntegraFin Holdings plc

Q1 Funds Under Direction update

Funds Under Direction ("FUD") Update

22 January 2019

IntegraFin Holdings plc (the "Company") today announces the quarterly Funds Under Direction update for Transact - the award-winning platform providing services to UK clients and their financial advisers.

On 31 December 2018 FUD totalled £31,650 million, representing a fall of 4.4% over the quarter. Over the quarter the FTSE All Share Index fell by 11.0% and the MSCI World Index fell by 11.7%.

		Quarter ended 31 December 2018 £m	Quarter ended 30 September 2018 £m	Quarter ended 31 December 2017 £m
Opening FUD		33,113	31,884	27,927
Inflows		1,393	1,516	1,463
Outflows		-509	-537	-396
Net Flows		884	979	1,067
Market movements		-2,337	316	734
Other movements(1)		-10	-66	-5
Closing FUD		31,650	33,113	29,723

Notes:

(1)                   Includes investment income, fees and taxes.

Ian Taylor, CEO, said:

"I am pleased to report that funds under direction proved generally resilient over the quarter when compared to movements in world equity markets. Inflows and net flows both fell a little from the levels of the previous quarter - but so, also, did outflows."

Enquiries

Media

Lansons

Tony Langham                                                                     [phone]

Eva Murphy                                                                       [phone]

Investors

Jonathan Gunby                                                                 [phone]

 

IntegraFin Holdings plc

Q1 Funds Under Direction update

Historical Flow and FUD data by quarter

	Q1 FY18 £m	Q2 FY18 £m	Q3 FY18 £m	Q4 FY18 £m	Q1 FY19 £m
Opening FUD	27,927	29,723	29,741	31,884	33,113
Inflows	1,463	1,532	1,446	1,516	1,393
Outflows	-396	-444	-487	-537	-509
Net Flows	1,067	1,088	959	979	884
Market movements	734	-1,053	1,141	316	-2,337
Other movements(1)	-5	-17	43	-66	-10
Closing FUD	29,723	29,741	31,884	33,113	31,650

Notes:

(1)                   Includes investment income, fees and taxes.

 

END

 

 

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