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IntegraFin Holdings PLC Earnings Release 2021
4994_er_2021-01-19_484cf922-5bac-4ac6-8841-8e504d0caa28.html
Earnings Release
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National Storage Mechanism | Additional information 
RNS Number : 0898M
IntegraFin Holdings plc
19 January 2021
LEI Number: 213800CYIZKXK9PQYE87
IntegraFin Holdings plc
Q1 Funds Under Direction update
Funds Under Direction ("FUD") Update
19 January 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 31 December 2020 FUD totalled £44,824 million, representing an increase of 9.1% over the quarter. Over the same period the FTSE All Share Index rose by 11.9% and the MSCI World Index (Large & Mid Cap) rose by 7.5%.
| Quarter ended | Quarter ended | |||
| 30 Dec 2020 | 30 Dec 2019 | |||
| £m | £m | |||
| Opening FUD | 41,093 | 37,799 | ||
| Inflows | 1,581 | 1,535 | ||
| Outflows | -741 | -576 | ||
| Net Flows | 840 | 959 | ||
| Market movements | 2,938 | 561 | ||
| Other movements(1) | -47 | -7 | ||
| Closing FUD | 44,824 | 39,312 |
Notes:
(1) Includes investment income, fees and taxes.
Alex Scott, CEO, said:
"With our highest ever first quarter gross inflows, we had a strong start to our financial year. Outflows increased broadly as expected in line with FUD and net flows were consequently 15% higher than in the previous quarter.
Equity markets reacted positively to encouraging news on the development of Covid-19 vaccines as well as the outcome of the US election result, and this also contributed to the 14% increase in FUD over the same point last year.
Whilst the operating environment undoubtedly remains unpredictable, these are positive indicators for the year ahead."
Enquiries
| Media | |
| Lansons | |
| Tony Langham | +44 (0)79 7969 2287 |
| Maddy Morgan Williams | +44 (0)79 4736 4578 |
| Investors | |
| Jane Isaac | +44 (0)20 7608 4937 |
IntegraFin Holdings plc
Q1 Funds Under Direction update
Historical Flow and FUD data by quarter
| Q2 FY19 £m |
Q3 FY19 £m |
Q4 FY19 £m |
Q1 FY20 £m |
Q2 FY20 £m |
Q3 FY20 £m |
Q4 FY20 £m |
Q1 FY21 £m |
|
| Opening FUD | 31,650 | 34,406 | 36,352 | 37,799 | 39,312 | 34,990 | 39,711 | 41,093 |
| Inflows | 1,444 | 1,388 | 1,475 | 1,535 | 1,699 | 1,225 | 1,291 | 1,581 |
| Outflows | -518 | -592 | -584 | -576 | -596 | -428 | -560 | -741 |
| Net Flows | 926 | 796 | 891 | 959 | 1,103 | 797 | 731 | 840 |
| Market movements | 1,822 | 1,180 | 532 | 561 | -5,433 | 3,958 | 690 | 2,938 |
| Other movements(1) | 8 | -30 | 24 | -7 | 8 | -34 | -39 | -47 |
| Closing FUD | 34,406 | 36,352 | 37,799 | 39,312 | 34,990 | 39,711 | 41,093 | 44,824 |
Notes:
(1) Includes investment income, fees and taxes.
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