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IntegraFin Holdings PLC Capital/Financing Update 2021
4994_cap_2021-10-19_5991eafe-a332-4614-95a2-fca0c8dac1f1.html
Capital/Financing Update
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National Storage Mechanism | Additional information 
RNS Number : 4457P
IntegraFin Holdings plc
19 October 2021
LEI Number: 213800CYIZKXK9PQYE87
IntegraFin Holdings plc
Q4 Funds Under Direction update
Funds Under Direction ("FUD") Update
19 October 2021
IntegraFin Holdings plc today announces the quarterly Funds Under Direction update for Transact - the award-winning platform providing services to UK clients and their financial advisers.
On 30 September 2021, FUD totalled £52,112 million, representing an increase of 3.6% over the quarter. Over the same period the FTSE All Share Index rose by 1.1% and the MSCI World Index (Large & Mid Cap) rose by 2.1%.
| Quarter ended | Quarter ended | Financial year ended | Financial year ended | |
| 30 September 2021 | 30 September 2020 | 30 September 2021 | 30 September 2020 | |
| £m | £m | £m | £m | |
| Opening FUD | 50,310 | 39,711 | 41,093 | 37,799 |
| Inflows | 1,967 | 1,291 | 7,695 | 5,750 |
| Outflows | -660 | -560 | -2,744 | -2,160 |
| Net Flows | 1,307 | 731 | 4,951 | 3,590 |
| Market movements | 553 | 690 | 6,297 | -224 |
| Other movements(1) | -58 | -39 | -229 | -72 |
| Closing FUD | 52,112 | 41,093 | 52,112 | 41,093 |
Notes:
(1) Includes fees, taxes and investment income.
Alex Scott, CEO, said:
"We end our financial year with fourth quarter gross inflows that continue to outperform all previous years, whilst fourth quarter outflows remain stable and consistent with the first three quarters of the year. This has resulted in annual net flows of £4.95bn that have increased 38% year on year.
Whilst I am obviously pleased at the level of gross inflows that we have experienced, as the impact of the pandemic continues, I am especially heartened by the retention rate that we have seen throughout the financial year, evidenced by the growth in net flows.
The last twelve months has been challenging, but we remain focussed on ensuring great customer service is front and centre in everything we do, through ongoing investment in our people and systems.
| Enquiries | |
| Media | |
| Lansons | |
| Tony Langham | +44 (0)79 7969 2287 |
| Investors | |
| Jane Isaac | +44 (0)20 7608 4937 |
IntegraFin Holdings plc
Q4 Funds Under Direction update
Historical Flow and FUD data by quarter
| Q1 FY20 £m |
Q2 FY20 £m |
Q3 FY20 £m |
Q4 FY20 £m |
Q1 FY21 £m |
Q2 FY21 £m |
Q3 FY21 £m |
Q4 FY21 £m |
|
| Opening FUD | 37,799 | 39,312 | 34,990 | 39,711 | 41,093 | 44,824 | 46,929 | 50,310 |
| Inflows | 1,535 | 1,699 | 1,225 | 1,291 | 1,581 | 2,153 | 1,994 | 1,967 |
| Outflows | -576 | -596 | -428 | -560 | -741 | -686 | -657 | -660 |
| Net Flows | 959 | 1,103 | 797 | 731 | 840 | 1,467 | 1,337 | 1,307 |
| Market movements | 561 | -5,433 | 3,958 | 690 | 2,938 | 694 | 2,112 | 553 |
| Other movements(1) | -7 | 8 | -34 | -39 | -47 | -56 | -68 | -58 |
| Closing FUD | 39,312 | 34,990 | 39,711 | 41,093 | 44,824 | 46,929 | 50,310 | 52,112 |
Notes:
(1) Includes fees, taxes and investment income.
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