Record plc Celebrates AUME Growth Milestone
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Record plc Celebrates AUME Growth Milestone

Record plc (GB:REC) has released an update.

Record plc, a specialist currency and asset management firm, has reported a noteworthy 17% increase in Assets Under Management (AUME) to US$102.2 billion for the fiscal year 2024, up from the previous year’s US$87.7 billion. They have achieved this milestone through a combination of new fund launches and increased mandates from both new and existing clients, despite deciding to discontinue the R-Platform development. The firm remains optimistic about refining its product range and continuing its growth trajectory as it prepares to announce its full-year results in June.

For further insights into GB:REC stock, check out TipRanks’ Stock Analysis page.

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