Business
Q3 Funds Under Direction update
Q3 Funds Under Direction update.
About this update from Integrafin Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 5007V IntegraFin Holdings plc 24 July 2018 \n\nIntegraFin Holdings plc\nQ3 Funds Under Direction update \n \nFunds Under Direction (\"FUD\") Update\n \n24 July 2018\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 30 June 2018 FUD totalled £31,884 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%.\n \n\n\n\n\n \n\n\nQuarter ended\n30 June 2018\n£m\n\n\nQuarter ended\n30 June 2017\n£m\n\n\nNine months ended\n30 June 2018\n£m\n\n\nNine months ended\n30 June 2017\n£m\n\n\n\n\nOpening FUD\n\n\n29,741\n\n\n25,548\n\n\n27,927\n\n\n22,686\n\n\n\n\nInflows\n\n\n1,466\n\n\n1,388\n\n\n4,441\n\n\n3,851\n\n\n\n\nOutflows\n\n\n-487\n\n\n-457\n\n\n-1,327\n\n\n-1,224\n\n\n\n\nNet Flows\n\n\n959\n\n\n931\n\n\n3,114\n\n\n2,627\n\n\n\n\nMarket movements\n\n\n1,141\n\n\n194\n\n\n822\n\n\n1,286\n\n\n\n\nOther movements(1)\n\n\n43\n\n\n33\n\n\n21\n\n\n106\n\n\n\n\nClosing FUD\n\n\n31,884\n\n\n26,706\n\n\n31,884\n\n\n26,706\n\n\n\n\nNotes:\n \n(1) Includes investment income, fees and taxes.\n \nIan Taylor, CEO, said:\n \n\"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%).\"\n \n \nEnquiries\n \nMedia\nLansons +44 (0) 7979 692287\nTony Langham\nMaddy Morgan-Williams\nEva Murphy\n...