Regal Partners Limited (FUM) for the March 2024 quarter

Growth to $12.1b from $11b in December

Investment

Regal Partners Limited has reported an increase in their Funds Under Management (FUM) for the March 2024 quarter, reaching $12.1 billion. This marks an approximate 10% growth from 11.0 billion at the end of December 2023.

Key Highlights:

  • Net Client Inflows: The quarter saw positive net inflows of $0.4 billion, bolstered by two new mandates in long/short equities and growing interest in the Regal Partners Private Fund.

  • Investment Performance: A +7% or +$0.8 billion contribution to FUM growth, particularly strong in long/short equities strategies.

  • Strategic Decisions: The closure of East Point Asset Management and adjustments in management and performance fee rebates for staff capital managed, which is expected to generate an additional $5 million in management fees annually.

    Note: Past performance is not a reliable indicator of future performance.

ASX Code: RPL