IntegraFin Holdings plc Q4 Funds Under Direction Update (8143E)
October 23 2018 - 2:00AM
UK Regulatory
TIDMIHP
RNS Number : 8143E
IntegraFin Holdings plc
23 October 2018
IntegraFin Holdings plc
Q4 Funds Under Direction update
Funds Under Direction ("FUD") Update
23 October 2018
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 September 2018 FUD totalled GBP33,113 million,
representing an increase of 3.9% over the quarter and 18.6%
increase over the year end. Over the quarter the FTSE All Share
Index decreased by 1.8% and the MSCI World Index increased by
5.8%.
Quarter ended Quarter ended Financial Financial
30 September 30 September year ended year ended
2018 2017 30 September 30 September
GBPm GBPm 2018 2017
GBPm GBPm
Opening FUD 31,884 26,706 27,927 22,686
Inflows 1,516 1,451 5,957 5,302
Outflows -537 -414 -1,863 -1,638
Net Flows 979 1,037 4,094 3,664
Market movements 316 138 1,138 1,424
Other movements(1) -66 46 -46 153
Closing FUD 33,113 27,927 33,113 27,927
Notes:
(1) Includes investment income, fees and taxes.
Ian Taylor, CEO, said:
"We report another positive FUD update in what is becoming an
increasingly challenging market environment. Net inflows for the
financial year were 11.7% higher than last year and outflows have
decreased as a proportion of opening FUD (6.7% vs 7.2%)."
Following completion of the lock-up period for the
non-management Principal Selling Shareholders in August 2018,
significant transactions in IHP shares occurred on the Transact
platform resulting in a GBP58m increase in net inflows. After
removing these transactions inflows were 10.2% higher than last
year and outflows were 6.6% of opening FUD.
The Company expects to announce annual results on 13 December
2018.
Enquiries
Media
Lansons +44 (0)20 7566 9729
Tony Langham
Maddy Morgan-Williams
Eva Murphy
Investors
Mark Mochalski +44 (0)20 7608 5339
IntegraFin Holdings plc
Q4 Funds Under Direction update
Historical Flow and FUD data by quarter
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
FY17 FY17 FY17 FY17 FY18 FY18 FY18 FY18
GBPm GBPm GBPm GBPm GBPm GBPm GBPm GBPm
Opening
FUD 22,686 23,817 25,548 26,706 27,927 29,723 29,741 31,884
Inflows 1,051 1,412 1,388 1,451 1,463 1,532 1,446 1,516
Outflows -357 -410 -457 -414 -396 -444 -487 -537
Net Flows 694 1,002 931 1,037 1,067 1,088 959 979
Market movements 391 702 194 138 734 -1,053 1,141 316
Other movements(1) 46 27 33 46 -5 -17 43 -66
Closing
FUD 23,817 25,548 26,706 27,927 29,723 29,741 31,884 33,113
Notes:
(1) Includes investment income, fees and taxes.
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END
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