Australia's Regal Partners rises on upbeat FUM

Regal Partners Holdings

25/07/2025 02:11

** Shares of fund manager Regal Partners RPL.AX rise 2.8% to A$2.7, on track for best day since July 18 if gains hold

** Stock earlier rose to A$2.85, to mark its highest since March 24

** RPL reports funds under management of A$17.7 billion ($11.67 billion) for the quarter ended June, a 7% increase sequentially

** Also upgrades HY performance fee revenue estimate to at least A$40 million from A$35 million

** However, forecasts HY normalised NPAT to be at least A$40 million; co reported normalised NPAT of A$59 mln in HY 2024

** YTD, stock down 28% including moves in current session

($1 = 1.5172 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com))