Business
Q2 Funds Under Directon Update
Q2 Funds Under Directon Update.
About this update from Integrafin Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 8578W IntegraFin Holdings plc 24 April 2019 \n\nIntegraFin Holdings plc\nQ2 Funds Under Direction update \n \nFunds Under Direction (\"FUD\") Update\n \n24 April 2019\n \nIntegraFin 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.\n \nOn 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%.\n \n\n\n\n\n\n\nQuarter ended\n\n\nQuarter ended\n\n\nH1 ended\n\n\nH1 ended\n\n\n\n\n\n\n\n31 March 2019\n\n\n31 March 2018\n\n\n31 March 2019\n\n\n31 March 2018\n\n\n\n\n\n\n\n£m\n\n\n£m\n\n\n£m\n\n\n£m\n\n\n\n\nOpening FUD\n\n\n31,650\n\n\n29,723\n\n\n33,113\n\n\n27,927\n\n\n\n\nInflows\n\n\n1,444\n\n\n1,532\n\n\n2,837\n\n\n2,995\n\n\n\n\nOutflows\n\n\n-518\n\n\n-444\n\n\n-1,027\n\n\n-840\n\n\n\n\nNet Flows\n\n\n926\n\n\n1,088\n\n\n1,810\n\n\n2,155\n\n\n\n\nMarket movements\n\n\n1,822\n\n\n-1,053\n\n\n-515\n\n\n-319\n\n\n\n\nOther movements(1)\n\n\n8\n\n\n-17\n\n\n-2\n\n\n-22\n\n\n\n\nClosing FUD\n\n\n34,406\n\n\n29,741\n\n\n34,406\n\n\n29,741\n\n\n\nNotes:\n \n(1) Includes investment income, fees and taxes.\n \nIan Taylor, CEO, said:\n \n\"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.\"\n \nThe Company expects to announce half year results on 17 May 2019.\n \nEnquiries\n \n\n\n\nMedia\n\n\n\n\n\n\n\nLansons\n\n\n\n\n\n\n\nTony Langham\n\n\n+44 (0)79 7969 2287\n\n\n\n\nEva Murphy\n\n\n+44 (0)20 7566 9722\n\n\n\n\n\n\n\n\n\n\n\n\nInvestors\n\n\n\n\n\n\n\nMark Mochalski\n\n\n+44 (0)20 7608 5339\n\n\n\n \n \n\n\n \nIntegraFin Holdings plc\nQ2 Funds Under Direction update \n \nHistorical Flow and FUD data by quarter\n \n \n\n\n\n\n\n\nQ1\nFY18\n£m\n\n\nQ2\nFY18\n£m\n\n\nQ3\nFY18\n£m\n\n\n...