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PGHN Partners Holding AG News Story

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Citi ups Partners Group on 2025 progress, future growth prospects

** Citi ups Swiss investment management firm Partners Group PGHN.S to "buy" from "neutral", citing strategic progress in 2025 and future growth prospects

** The group expanded the number of distribution partners and started raising capital for its seven new wealth-focused evergreen funds, the broker says

** These steps "should all lay the foundations for future growth and ensure Partners remains ahead of (European) peers on wealth offering/distribution," Citi says

** Citi says the stock should benefit from any cyclical recovery in capital markets activity, also expecting evergreens to once again become the main growth engine

** The broker expects FY results and the upcoming CMD to reassure on the growth outlook, particularly from more recent strategic partnerships

** Out of 16 analysts that cover Partners Group, eight rate the stock "strong buy"/"buy", six rate it "hold" and two rate it "sell" - LSEG data

(Reporting by Amir Orusov)

((Amir.orusov@thomsonreuters.com))

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