IntegraFin Holdings plc Correction: Q3 Funds Under Direction Update (9115V)
26 July 2018 - 11:08PM
UK Regulatory
TIDMIHP
RNS Number : 9115V
IntegraFin Holdings plc
26 July 2018
IntegraFin Holdings plc
Q3 Funds Under Direction update
Correction: Funds Under Direction ("FUD") Update
This is a correction to the announcement published at 7:00am on
24 July 2018 (RNS Number 5007V) which incorrectly stated that
inflows for quarter ended 30 June 2018 were GBP1,466m. The correct
figure is GBP1,446m which was correctly reported in the table
titled "Historical Flow and FUD data by quarter". All other
information within the announcement remains unchanged. The full
amended text appears below.
Funds Under Direction ("FUD") Update
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 30 June 2018 FUD totalled GBP31,884 million, representing an
increase of 7.2% over the quarter and 14.2% increase over the year
end. Over the quarter the FTSE All Share Index increased by 7.9%
and the MSCI World Index increased by 7.4%.
Quarter ended Quarter ended Nine months Nine months
30 June 2018 30 June 2017 ended ended
GBPm GBPm 30 June 2018 30 June 2017
GBPm GBPm
Opening FUD 29,741 25,548 27,927 22,686
Inflows 1,446 1,388 4,441 3,851
Outflows -487 -457 -1,327 -1,224
Net Flows 959 931 3,114 2,627
Market movements 1,141 194 822 1,286
Other movements(1) 43 33 21 106
Closing FUD 31,884 26,706 31,884 26,706
Notes:
(1) Includes investment income, fees and taxes.
Ian Taylor, CEO, said:
"We report another solid FUD update. Net inflows for the
financial year to date are 18.5% ahead of last year and outflows
have decreased as a proportion of opening FUD (4.8% vs 5.4%)."
Enquiries
Media
Lansons +44 (0) 7979 692287
Tony Langham
Maddy Morgan-Williams
Eva Murphy
Investors
Mark Mochalski +44 (0)20 7608 5339
IntegraFin Holdings plc
Q3 Funds Under Direction update
Historical Flow and FUD data by quarter
Q1 Q2 Q3 Q4 Q1 Q2 Q3
FY17 FY17 FY17 FY17 FY18 FY18 FY18
GBPm GBPm GBPm GBPm GBPm GBPm GBPm
Opening FUD 22,686 23,817 25,548 26,706 27,927 29,723 29,741
Inflows 1,051 1,412 1,388 1,451 1,463 1,532 1,446
Outflows -357 -410 -457 -414 -396 -444 -487
Net Flows 694 1,002 931 1,037 1,067 1,088 959
Market movements 391 702 194 138 734 -1,053 1,141
Other movements(1) 46 27 33 47 -5 -17 43
Closing FUD 23,817 25,548 26,706 27,927 29,723 29,741 31,884
Notes:
(1) Includes investment income, fees and taxes.
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END
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