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An announcement from Record plc ( (GB:REC) ) is now available.
Record plc reported a growth in assets under management (AUM) to US$107.9 billion by the end of the first quarter of 2026, driven by strong new investments in core risk management products and positive foreign exchange movements. Despite a decrease in performance fees compared to the previous year, the company remains optimistic about revenue growth, although it is contingent on closing large, complex deals in the pipeline. The net flows were neutral, with inflows in risk management offset by outflows in absolute return products, reflecting the completion of a wind-down of an FX Alpha mandate.
Spark’s Take on GB:REC Stock
According to Spark, TipRanks’ AI Analyst, GB:REC is a Outperform.
Record plc’s overall stock score is driven by its strong financial stability and positive technical momentum. Recent corporate events further bolster its market perception. However, the need for revenue growth and caution around valuation metrics temper the score slightly.
To see Spark’s full report on GB:REC stock, click here.
More about Record plc
Record plc is a specialist currency and asset manager, focusing on risk management products and services for asset managers. The company operates in the financial services industry, providing solutions that help clients manage currency risks and optimize investment returns.
Average Trading Volume: 282,793
Technical Sentiment Signal: Strong Buy
Current Market Cap: £120.2M
For an in-depth examination of REC stock, go to TipRanks’ Overview page.