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Third-quarter AuM up five per cent for Record
18-01-2013 15:18
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Specialist currency manager Record has unveiled its third-quarter results for the period ending September 30th, revealing a five per cent rise in its assets under management equivalents.
The group's assets under management equivalents totaled $34bn (£20.9bn), up from $32.5bn (£20.1bn) in the previous quarter.
Assets under management equivalents in the Dynamic Hedging rose to $10.3bn from $9.9bn in the previous quarter. Passive hedging rose to $22.1bn from $21bn.
Currency for Returns remained flat at $1.5bn and cash and future also remained flat at $0.1bn.
The company reported that it had two more clients at the end of the quarter with 45 compared to 43 in the previous quarter.
MF
The group's assets under management equivalents totaled $34bn (£20.9bn), up from $32.5bn (£20.1bn) in the previous quarter.
Assets under management equivalents in the Dynamic Hedging rose to $10.3bn from $9.9bn in the previous quarter. Passive hedging rose to $22.1bn from $21bn.
Currency for Returns remained flat at $1.5bn and cash and future also remained flat at $0.1bn.
The company reported that it had two more clients at the end of the quarter with 45 compared to 43 in the previous quarter.
MF
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