Record plc Announces $106 Billion in Assets Under Management in Q2 2025 Trading Update

2 min read | October 25, 2024 06:59 PM AEDT | By Team Kalkine Media

Google News:

Record plc Announces $106 Billion in Assets Under Management in Q2 2025 Trading Update — Image source: shutterstock

Recent News

3 Best ASX Dividend Stocks Supported by Strong Margins

Electro Optic Systems (ASX:EOS): Are Defence Wins Fueling a Bigger Gro...

ImpediMed (ASX:IPD): Why Has This Healthcare Stock Suddenly Grabbed At...

BHP (ASX:BHP) and ASX 200 ETF Signal Few Investors Are Watching

Make Kalkine Media
My Trusted Source

Highlights

AUM Increased by $3.3 billion: Record’s AUM reached $106.0 billion at the end of Q2 2025, driven by favorable currency movements.

Stable Performance Fees: While no Q2 performance fees were crystalized, the H1 2025 fees stood at £1.6 million, slightly surpassing last year's figures.

Fee Rates Unchanged: Average fee rates remained consistent, supporting stable revenue generation for the company.

Record plc (LSE:REC), a specialist in currency and asset management, has released its trading update for the second quarter of the financial year 2025, covering the three months ending 30 September 2024. The company reported an increase in assets under management (AUM), positive foreign exchange movements, and a steady performance in terms of fees.

Q2 2025 Highlights

AUM Growth:
Record plc saw its AUM grow by $3.3 billion, reaching a total of $106.0 billion by the end of Q2 2025, compared to $102.7 billion at the end of June 2024. This increase was driven primarily by favorable foreign exchange movements, which offset modest outflows in both dynamic and passive hedging portfolios and the discontinuation of a custom interest rate swap portfolio.
Performance Fees:
No performance fees were crystalized during Q2 2025. However, for the first half of 2025 (H1 2025), performance fees amounted to £1.6 million, slightly ahead of the previous year's figure of £1.5 million in H1 2024.
Fee Rates:
The average fee rates during the quarter remained largely unchanged from the previous quarter, reflecting consistent earnings from the company’s ongoing operations.

AUM Composition

As of 30 September 2024, the total AUM for Record stood at $106.0 billion, an increase from $102.7 billion on 30 June 2024. This growth reflects the company's ability to navigate through fluctuating market conditions, bolstered by positive currency movements.

Outlook

Despite challenges such as outflows from hedging strategies and portfolio adjustments, Record plc continues to grow its AUM, maintaining a steady fee structure. The company’s continued focus on currency management and asset allocation has positioned it well for future growth.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.