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IntegraFin Holdings (IHP)

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Wednesday 24 April, 2019

IntegraFin Holdings

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

+44 (0)79 7969 2287

Eva Murphy

+44 (0)20 7566 9722



Investors


Mark Mochalski

+44 (0)20 7608 5339

 

 



 

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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