Business
Change of Company Secretary
Change of Company Secretary.
About this update from Record Plc
[{"type":"text","content":"\n RNS Number : 7027G Record PLC 04 February 2010 \n \n\n4 February 2010\n \nRecord plc \n('Record' or the 'Company')\n \nChange of Company Secretary\n \nRecord, the specialist currency investment manager, today announces the appointment of Joanne Manning as Company Secretary with immediate effect. Paul Sheriff's role as Chief Financial Officer remains unaltered.\n \nENDS\n \nEnquiries: \n \nRecord plc +44 (0)1753 852222 \nNeil Record, Chairman and Chief Executive \nPaul Sheriff, Chief Financial Officer\n \nHogarth Partnership +44 (0)20 7357 9477 \nJulian Walker, Nick Denton, Vicky Watkins\n \n\n\nNotes to Editors\n \nRecord plc\n \nRecord is a specialist currency investment manager and provider of currency hedging services for institutional clients. Founded in 1983, Record has established a market leading position as a currency asset manager. Specifically, the Group has a leading position in managing currency for Absolute Return for institutional clients.\n \nThe Group has three principal product lines:\n \n- currency for Absolute Return, in which Record enters into currency contracts for clients with the objective of generating positive returns;\n- active hedging, where Record seeks to eliminate the impact of currency movements on elements of clients' investment portfolios that are denominated in foreign currencies when these movements are expected to result in an economic loss to the client, but not to do so when they are expected to result in an economic gain; and\n- passive hedging, where Record seeks to elimi...