** Shares in asset manager Tikehau capital TKOO.PA rise around 3.2% after posting its full year results for 2025
** Fee related earnings (FRE) beat consensus by 10%, Jefferies says, whilst calling the new medium term targets "sensible"
** The group aims to achieve cumulative net new money (NNM) over EUR 34 billion ($40.13 billion)with a core FRE margin of 45% to 50% by 2029
** For 2026, the group now projects more than EUR 60 billion of assets under management, with a net result, group share between EUR 420 million and EUR 520 million, and a return on equity of 13% to 16%
** Shares are on track for their best day since July 2025, if gains hold
($1 = 0.8473 euros)
(Reportning by Jakob Van Calster)
((jakob.vancalster@thomsonreuters.com))