![](https://recordfg.com/wp-content/themes/record/assets/prod/images/backgrounds/blue-bg-medium.png)
Record’s Q221 trading update confirmed that its new $8bn dynamic hedging mandate has started and that, prior to this, assets under management (AUM) expanded by 4% in the quarter. The group continues to work on developing new products and is deploying technology to enhance its ability to deliver these and existing products cost effectively.