IntegraFin warns of geopolitical risks as H1 funds slip
IntegraFin Holding
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16:59 28/03/24
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4.40p
Investment platform IntegraFin reported record first-half inflows, but warned that geopolitical events would hit revenue.
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Net inflows climbed to £2.68bn in the six months to March 31, from £2.31bn a year earlier. Funds under direction fell 1.9% quarter on quarter to £53.5bn.
"This is the result of unexpected, and continuing, geo-political events impacting stock markets. This has a corresponding impact on our revenue," the company said.
“We are mindful of the challenging economic outlook and the impact of inflationary pressures on our cost base.”