StockMarketWire.com - Investment firm IntegraFin said funds under direction rose 8.7% in its fiscal second quarter as global equity markets bounced back from a slump late last year. For the three months ended 31 March, funds under direction rose 8.7% to £34.41bn quarter-on-quarter as positive market movements of £1.822bn boosted performance. The 8.7% rise in FUD was above the 8.3% increase seen in the FTSE All Share Index, but below the 9.4% seen the MSCI World Index for the quarter. 'I am pleased to report that funds under direction have shown strong growth, reflecting positive net flow growth in the quarter and the upward movements in world equity markets. Political and economic uncertainties have not gone away, however, and still give rise to unhelpful background noise.,' said Ian Taylor, CEO.

At 8:22am: [LON:IHP] Integrafin Holdings Plc Ord 1p Wi share price was -3.05p at 384.8p



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