bullish

Record PLC

Record - Maintaining client commitment

30 Views20 Jun 2018 18:52
Issuer-paid
SUMMARY

Record is in its 35th year and underlying its longevity are expertise and service levels that have sustained a client base through changing markets. FY18 saw further investment in personnel to support customised services, while a new product offering in passive hedging has the potential to earn performance fees that we have not included in our estimates. Similarly, positive net AUME flows could allow earnings to beat our expectations.

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