Record plc (GB:REC) has released an update.
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Record plc, a specialist in currency and asset management, reported a rise in assets under management (AUM) by $3.3 billion to $106 billion for the quarter ending September 2024. This growth was supported by positive foreign exchange movements despite minor outflows in certain hedging strategies. The company’s steady performance and CEO Jan Witte’s confidence in medium-term growth prospects make it a stock to watch in the financial markets.
For further insights into GB:REC stock, check out TipRanks’ Stock Analysis page.