December 2024 Funds Under Management, FUM rises to $18.0bn
| Stock | Regal Partners Ltd (RPL.ASX) |
|---|---|
| Release Time | 21 Jan 2025, 4:59 p.m. |
| Price Sensitive | Yes |
Regal Partners Ltd FUM rises to $18.0bn in December 2024
- FUM increased 4.6% in Q4 2024 to $18.0 billion
- Strong net inflows of $720 million in Q4 2024, a record quarter
- Total net inflows and commitments for 2024 reached around $2.1 billion, a record year
Regal Partners Limited (ASX:RPL) reported that its Funds Under Management (FUM) rose to $18.0 billion as at 31 December 2024, a 4.6% increase from the $17.2 billion as at 30 September 2024. The $18.0 billion FUM figure is consistent with the preliminary estimate announced by the company on 7 January 2025 and represents a 64% increase in FUM over the 2024 calendar year. This growth was driven by a combination of strong net inflows, positive investment performance, and the acquisition of Merricks Capital and Argyle Group in July 2024. Excluding the acquired $4.3 billion of FUM from these acquisitions, Regal's FUM rose 25% over the year. The company recorded net inflows of $720 million in the December 2024 quarter, a record quarter for the group, driven by a wide range of funds and asset classes. For the full 2024 calendar year, Regal reported total net inflows and commitments of around $2.1 billion, representing a record 12 months for the company. The strong inflows were seen across long/short equities, multi-strategy, credit & royalties, and real & natural assets. Regal looks forward to releasing further information at its 2024 results on 26 February 2025.