Record plc (LON:REC), the specialist asset manager, has announced its trading update for the three months ended 30 September 2026.
AUM composition
Assets under management (AUM) at 30 September 2026 totalled $130.3 billion (30 June 2026: $122.0 billion), an increase of 7% in the quarter. The composition of and changes to AUM by product pillar were as follows:
| Risk Management | Absolute Return | Private Markets | Total | |
| $bn | $bn | $bn | $bn | |
| 30 June 2026 | 98.7 | 4.4 | 18.9 | 122.0 |
| Net flows | (0.3) | 9.8 | 0.9 | 10.4 |
| Asset movement | (0.1) | – | – | (0.1) |
| FX movement | (2.4) | 0.4 | – | (2.0) |
| 30 September 2026 | 95.9 | 14.6 | 19.8 | 130.3 |
At the end of the quarter, the Group also held undeployed commitments of $1.1 billion (30 June 2026: $1.2 billion) and assets under advisory1 of $0.4 billion (30 June 2026: $0.4 billion) within Private Markets.
Jan Witte, CEO of Record plc commented:
“I am pleased to report another quarter of strong growth for Record, with AUM reaching a new high of $130.3 billion. The $10.4 billion net inflows were driven mainly by new mandates within Absolute Return and Private Markets. This marks a fifth consecutive quarter of positive net flows for the Group. This was partially offset by underlying asset movements and impacts from foreign exchange movements.
Alongside this growth in AUM, we crystallised performance fees of £2.2 million in H1 FY27 (H1 FY26: £0.8 million). Performance across the Group remains in line with expectations for the full year.
We will give further details on Group performance in our interim results for the six months ended 30 September 2026, which will be announced on 6 November 2026.”
1. Assets under advisory represent client assets for which the Group earns recurring fees but is not the appointed investment manager.
