Record plc (GB:REC) has released an update.
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Record plc has reported a robust Q1-2025 with stable Assets Under Management (AUM) reaching $102.7 billion, bolstered by strong performance fees of £1.6 million and sustained asset value growth. CEO Jan Witte expressed confidence in the company’s strategic focus on six unique product categories, which he believes positions Record for future growth despite modest outflows. The financial firm continues to build on its expertise in currency and asset management, maintaining a consistent fee rate from the previous quarter.
For further insights into GB:REC stock, check out TipRanks’ Stock Analysis page.
