Record plc (GB:REC) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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.