TIDMIHP

RNS Number : 3819A

IntegraFin Holdings plc

21 January 2020

LEI Number: 213800CYIZKXK9PQYE87

IntegraFin Holdings plc

Q1 Funds Under Direction update

Funds Under Direction ("FUD") Update

21 January 2020

IntegraFin Holdings plc 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 2019 FUD totalled GBP39,312 million, representing an increase of 4.0% over the quarter. Over the same period the FTSE All Share Index rose by 3.3% and the MSCI World Index rose by 0.6%.

 
                       Quarter ended   Quarter ended 
                         31 Dec 2019     31 Dec 2018 
                                GBPm            GBPm 
 Opening FUD                  37,799          33,113 
 Inflows                       1,535           1,393 
 Outflows                       -576            -509 
 Net Flows                       959             884 
 Market movements                561          -2,337 
 Other movements(1)               -7             -10 
 Closing FUD                  39,312          31,650 
 

Notes:

   (1)                   Includes investment income, fees and taxes. 

Ian Taylor, CEO, said:

"We have started the financial year strongly, with our highest ever first quarter inflows. Data from Fundscape shows that Transact had the highest net inflows of all advised platforms in the first three quarters of 2019. The business is well positioned, with funds under direction 24% higher than 31 December 2018. These are positive indicators for the year ahead."

Enquiries

 
 Media 
 Lansons 
 Tony Langham             +44 (0)79 7969 2287 
 Maddy Morgan Williams    +44 (0)79 4736 4578 
 
 Investors 
 Jane Isaac               +44 (0)20 7608 4937 
 

IntegraFin Holdings plc

Q1 Funds Under Direction update

Historical Flow and FUD data by quarter

 
                           Q1       Q2       Q3       Q4       Q1 
                         FY19     FY19     FY19     FY19     FY20 
                         GBPm     GBPm     GBPm     GBPm     GBPm 
 Opening FUD           33,113   31,650   34,406   36,352   37,799 
 Inflows                1,393    1,444    1,388    1,475    1,535 
 Outflows                -509     -518     -592     -584     -576 
 Net Flows                884      926      796      891      959 
 Market movements      -2,337    1,822    1,180      532      561 
 Other movements(1)       -10        8      -30       24       -7 
 Closing FUD           31,650   34,406   36,352   37,799   39,312 
 

Notes:

   (1)                   Includes investment income, fees and taxes. 

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 or visit www.rns.com.

END

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January 21, 2020 02:00 ET (07:00 GMT)

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