StockMarketWire.com - Investment firm IntegraFin said funds under direction fell 4.4% in its fiscal first quarter as inflows and negative market moves weighed.

For the three months ended 31 December, funds under direction fell 4.4% to £31.65bn quarter-on-quarter as negative market movements of £2.34bn and a 8.1% decline in inflows to £1.39bn weighed.

The 4.4% decline in FUD was less than the 11.0% decline in the FTSE All Share Index 11.7% the MSCI World Index.

CEO Ian Taylor said 'funds under direction proved generally resilient over the quarter when compared to movements in world equity markets.'


At 8:50am: [LON:IHP] Integrafin Holdings Plc Ord 1p Wi share price was +1.05p at 334.05p



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