Record plc (REC.L)
Record plc operates in the Asset Management industry of the Financial Services sector, headquartered in London, GB. The stock last traded at $44.90, down 1.97% on the session, giving a market capitalisation of $87.1M. Its beta of 0.77 implies it has historically moved less than the broad market.
Record plc is an international financial services firm that, through its various entities, specializes in providing global currency and derivatives management solutions. Its extensive operations span the United Kingdom, North America, Continental Europe, Australia, and numerous other international markets. The company offers a comprehensive array of services, encompassing full-scope asset management. It provides expertise in diverse financial instruments such as options, futures, cross-currency, and total-return swaps, alongside fixed-income products like bonds and loans. Additionally, Record plc delivers crucial supporting services, including cash and liquidity management, collateral management, and sophisticated derivatives overlays. Serving a distinguished institutional client base, Record plc primarily caters to asset managers, pension funds, charitable foundations, and other large-scale investors. Access to its specialized products and services is facilitated through both direct client engagement and partnerships with investment consulting firms. Record plc was established in 1983 and maintains its corporate headquarters in Windsor, United Kingdom.
Record plc is most often compared with the following Financial Services names: