Australia's Regal Partners rises to near 7-week high on outlook

Regal Partners

03/07/2025 03:04

** Shares of Regal Partners RPL.AX rise as much as 7.9% to A$2.450, their highest level since May 13

** The alternative investment manager expects to recognise at least A$35 million ($23.02 million) in performance fee revenue for the 1H25 period

** Co says expected result due to stronger contributions from equity strategies

** YTD, shares of co down 35.5%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))