- Equiniti said it had started the year 'well' and was confident of meeting full-year expectations after winning a string of new mandates.

The company outlined 'encouraging' new client wins in the period, securing new mandates across all of its divisions including National Grid, Danske Bank and DWF in the UK, and WABTEC and Cincinnati Financial in the US, along with a number of significant wins in our Pension Solutions business.

'The fidelity of our blue-chip client base remains high and all renewing relationships have been continued, including clients such as ABF, Fresnillo, M&G Prudential, Comcast and Proctor & Gamble,' the company said.

In the US, trading was 'pleasing' and integration was proceeding in accordance with previous guidance, with the separation of the business from Wells Fargo anticipated to conclude by June 2019, the company also said.

'Equiniti's specialist and non-discretionary services are largely insulated from the continuing uncertainty in the macro-economic environment and our expectations for full year 2019 remain unchanged,' the company added.

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