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IntegraFin Holdings PLC on Tuesday celebrated ‘record’ quarter-end funds under discretion as well as a record number of clients, as it kept its guidance unchanged. The London-based operator of the investment platform Transact said funds under discretion stood at £58.01 billion as at December 31, up 11% from £52.06 billion a year prior. Further, the number of platform clients rose 1.9% over the year to 231,413 from 226,996. Looking ahead, Integrafin said it was maintaining its guidance for the current financial year ending on September 30, without providing details. Chief Executive Officer Alex Scott said: ‘Although the macroeconomic outlook is uncertain, our position in the market remains very strong. Transact is one of the leading adviser platforms in the market for service and functionality, and the group benefits from consistent recurring revenues and economies of scale.’ Integrafin shares were down 0.8% to 283.86 pence each on Tuesday morning in London. Copyright 2024 Alliance News Ltd. All Rights Reserved.
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