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IntegraFin Q1 Funds Under Direction Increases - Quick Facts

IntegraFin Holdings plc. (IHP.L) reported that its first-quarter funds under direction or FUD were 54.54 billion pounds, representing an increase of 4.7% over the quarter.

The company said its net inflows were 1.29 billion pounds for the quarter. It represented its best ever first quarter for net inflows, with a 22% increase on previous best first quarter (1.06 billion pounds reported in 2018), and a 54% increase on the first quarter of financial year 2021.

The company stated that the rate of growth of net inflows in the quarter has been pleasing. However, the prior year quarter was a soft comparator and reflected the continued impact of pandemic response restrictions therefore expectation is that net inflow growth will now be at normalized levels.

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