- Specialist currency manager Record said its assets under management equivalents in the June quarter had risen by 1.7% on-quarter.

AUME for the three months through June rose to $58.3bn, up from $57.3bn at the end of March.

Expressed in sterling, AUM at 30 June rose to £45.8bn, up from £44.0bn.

The rise in US dollar terms was underpinned by $0.3bn of net inflows and $0.7bn of positive currency movements.

Story provided by