Record Plc (LON: REC) has released the trading update for the three months ended 31st December 2019.
- The company’s AUME (Assets under management equivalents) as at 31st December 2019, grew by 8 per cent over the period to US $64.7 billion.
- For the reported period, the company had a net inflow of US $2.5 billion, which as previously announced included US $1.0 billion related to a tactical bespoke mandate.
- Highlighting the company’s ability to add value to mandates, it earned a performance fee of £1.8 million during the reported period.
- On 17th January 2020, at the time of writing, GMT 08:33 AM, REC shares were trading at GBX 41.00, up by 2.00 points or 5.13% against the previous day closing price.
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