Record plc (GB:REC) has released an update.
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Record plc has reported a 4% increase in Assets Under Management (AUM) to a record $106 billion, despite a 2% dip in revenue due to a client mandate restructuring. The company launched a €1 billion Infrastructure Equity Fund and expanded its team to bolster Asset Management offerings, positioning itself for continued growth amid geopolitical and economic uncertainties. The introduction of a new office space and in-house IT team further underscores Record’s commitment to operational excellence.
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