RECORD PLC FOURTH QUARTER TRADING UPDATE (Q4 FY26)

Summary by AI ^BETAClose X

Record plc reported its fourth quarter trading update for the period ending March 31, 2026, highlighting a third consecutive quarter of net inflows, with Assets Under Management (AUM) reaching US$114.6 billion at year-end, despite market movements and FX headwinds. Performance fees for the quarter were £0.4 million, contributing £2.8 million for the full year, a decrease from the previous year's £3.2 million. Average fee rates remained stable, and the company maintained its full-year earnings expectations despite global economic volatility.

Disclaimer*

Record PLC

24 April 2026

RECORD PLC

FOURTH QUARTER TRADING UPDATE

Record plc, the specialist currency and asset manager, is pleased to announce its trading update for the three months ended 31 March 2026 ("Q4 FY26").

Highlights

· A third successive quarter of net inflows, with AUM of US$114.6bn at year end reflecting positive client flows offset by asset market movements and FX headwinds.

· Performance fees of £0.4m crystallised in Q4 FY26 (Q4 FY25: £0.3m), bringing performance fees for the full year to £2.8m (FY25: £3.2m).

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

· Earnings expectations for the full year remain unchanged, despite changing market conditions in the face of global macroeconomic and political volatility.

AUM composition

AUM at 31 March 2026 totalled US$114.6bn (31 December 2025: US$115.9bn).

The composition of and changes to AUM by product were as follows:

		Net flows	Asset movement	FX movement and scaling
US$ billion (bn)	31 December 2025				31 March 2026

Passive Hedging	76.0	1.1	(0.2)	(1.1)	75.8
Dynamic Hedging	17.6	0.1	(0.7)	-	17.0
Solutions for Asset Managers	17.4	0.3	(0.5)	(0.2)	17.0
Risk Management	111.0	1.5	(1.4)	(1.3)	109.8
FX Alpha	2.7	(0.1)	-	-	2.6
Custom Opportunities	0.8	-	-	-	0.8
Other	0.3	-	-	-	0.3
Absolute Return	3.8	(0.1)	0.0	0.0	3.7
EM Local Debt	1.0	-	-	-	1.0
Infrastructure	0.1	-	-	-	0.1
Private Markets	1.1	0.0	0.0	0.0	1.1
Total	115.9	1.4	(1.4)	(1.3)	114.6

Record plc will announce its results for the 12 months ended 31 March 2026 on 19 June 2026.

LEI Number: 5493000VJ55ZTYGX4322

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For further information, please contact:

Record plc

Dr. Jan Witte, Chief Executive Officer

Samantha Dunn, Interim Chief Financial Officer

Tel: +44 (0)20 3892 1300

investorrelations@recordfg.com

Panmure Liberum

Atholl Tweedie | David Watkins

Tel: +44 (0)20 7886 2500

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