Q2 Funds Under Directon Update

RNS Number : 8578W

IntegraFin Holdings plc

24 April 2019

 

IntegraFin Holdings plc

Q2 Funds Under Direction update

Funds Under Direction ("FUD") Update

24 April 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 March 2019 FUD totalled £34,406 million, representing an increase of 8.7% over the quarter and 15.7% over the year. Over the quarter the FTSE All Share Index rose by 8.3% and the MSCI World Index rose by 9.4%.

	Quarter ended	Quarter ended	H1 ended	H1 ended
	31 March 2019	31 March 2018	31 March 2019	31 March 2018
	£m	£m	£m	£m
Opening FUD	31,650	29,723	33,113	27,927
Inflows	1,444	1,532	2,837	2,995
Outflows	-518	-444	-1,027	-840
Net Flows	926	1,088	1,810	2,155
Market movements	1,822	-1,053	-515	-319
Other movements(1)	8	-17	-2	-22
Closing FUD	34,406	29,741	34,406	29,741

Notes:

(1)                   Includes investment income, fees and taxes.

Ian Taylor, CEO, said:

"I am pleased to report that funds under direction have shown strong growth, reflecting positive net flow growth in the quarter and the upward movements in world equity markets. Political and economic uncertainties have not gone away, however, and still give rise to unhelpful background noise."

The Company expects to announce half year results on 17 May 2019.

Enquiries

Media
Lansons
Tony Langham	[phone]
Eva Murphy	[phone]
Investors
Mark Mochalski	[phone]

IntegraFin Holdings plc

Q2 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	Q2 FY19 £m
Opening FUD	27,927	29,723	29,741	31,884	33,113	31,650
Inflows	1,463	1,532	1,446	1,516	1,393	1,444
Outflows	-396	-444	-487	-537	-509	-518
Net Flows	1,067	1,088	959	979	884	926
Market movements	734	-1,053	1,141	316	-2,337	1,822
Other movements(1)	-5	-17	43	-66	-10	8
Closing FUD	29,723	29,741	31,884	33,113	31,650	34,406

Notes:

(1)                   Includes investment income, fees and taxes.

LEI number: 213800CYIZKXK9PQYE87

 

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