Record Plc

Sector: Investors Not Elsewhere Classified Region: United Kingdom

Exchange/Ticker: London Stock Exchange: REC

Company Description

Record Plc provides currency investment and hedging services for institutional clients. The company has three principal product lines, currency for absolute return, active hedging and passive hedging. The currency for absolute return allows the company to enter into currency contracts with the objective of generating positive returns. The active hedging allows the company to seek to eliminate the impact of currency movements on elements of investment portfolios that are denominated in currencies other than the client's base currency when these movements are expected to produce a beneficial economic impact for the clients. The passive hedging allows the company to seek to eliminate fully the economic impact of currency movements on elements of investment portfolios that are denominated in currencies other than client's base currency. The company was founded in 1983 by Neil Peter Record and is headquartered in Windsor, the United Kingdom.

Similar to: Ocean Wilsons Holdings Ltd., Capital Group Holdings, Inc., PrecisionIR Group

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