# Record reports higher profits and record assets

- Link: https://www.directorstalkinterviews.com/record-reports-higher-profits-and-record-assets/4121269712
- Published: 2026-11-13T14:25:00+00:00
- Author: Amilia Stone

Record plc reported higher revenue and profits for the six months ended 30 September
2026, supported by increased assets under management, new client mandates and growth
across its three business divisions.

Revenue increased by 19% to £22.8 million, compared with £19.2 million in the corresponding
period last year. Profit after tax attributable to shareholders rose by 49% to £
5.6 million, while operating profit increased by 64% to £7.3 million.

Assets under management reached a record $130.3 billion, compared with $114.6 billion
at the end of March 2026. The increase included net inflows of $12.7 billion across
Risk Management, Absolute Return and Private Markets.

Management fees increased by 6% to £18.6 million, reflecting growth across the group’s
three product areas. Performance fees also increased, reaching £2.2 million compared
with £0.8 million a year earlier.

Operating margin improved to 32.3% from 23.4%, reflecting revenue growth and continued
cost control. Operating costs increased by 3% to £15.2 million, allowing a greater
proportion of additional revenue to contribute to profits.

The group secured additional FX Alpha and Frontier mandates during the period, alongside
continued demand for its Solutions for Asset Managers offering. Its Record Infrastructure
Equity Fund also secured further commitments and completed two deployments.

Investment priorities include expanding FX Alpha and Solutions for Asset Managers,
developing private credit and private equity strategies, increasing its emerging
market and Frontier capabilities, and investing in the people and technology required
to support the business.

_**Record plc** (LON:REC) develops bespoke, high-quality, sophisticated solutions
for institutional investors, a unique offering stemming from Record’s knowledge 
and expertise gained from its core currency hedging markets._

Share on: