Regal Partners Ltd
ASX:RPL
Regal Partners Ltd
Regal Partners Ltd. provides investment management services. The company is headquartered in Sydney, New South Wales. The company went IPO on 2019-06-21. The firm manages capital for high-net-worth individuals, family offices, VGI Partners Global Investments Limited and VGI Partners Asian Investments Limited. The Company’s subsidiaries include VGI Partners Agricultural Investments No.1 Pty Limited, VGI Partners Asian Investments Management Pty Limited, VGI Partners Investments Pty Limited, VGI Partners Principal Investments Pty Limited, VPPI No.1 Pty Limited and VGI Partners, Inc.
Regal Partners Ltd. provides investment management services. The company is headquartered in Sydney, New South Wales. The company went IPO on 2019-06-21. The firm manages capital for high-net-worth individuals, family offices, VGI Partners Global Investments Limited and VGI Partners Asian Investments Limited. The Company’s subsidiaries include VGI Partners Agricultural Investments No.1 Pty Limited, VGI Partners Asian Investments Management Pty Limited, VGI Partners Investments Pty Limited, VGI Partners Principal Investments Pty Limited, VPPI No.1 Pty Limited and VGI Partners, Inc.
Strong Profit: Normalized net profit after tax reached $44.8 million for the first half, or $0.105 per share, up 17% versus the prior half.
Robust Flows: Net inflows exceeded $700 million in the first half, with an additional $300 million already in the September quarter, showing strong client demand.
FUM Momentum: Funds under management ended June at $17.7 billion and have since climbed to over $18.5 billion, driven by both flows and investment performance.
Dividend Declared: The board approved a fully franked interim dividend of $0.06 per share, reflecting a 55% payout ratio.
Performance Fees: Performance fees contributed $42 million to revenue, with a record $10.8 billion in performance fee eligible FUM now at or near high watermark.
Offshore Growth: Significant progress in offshore investor inflows, with over $1.1 billion raised from offshore in the past three years, and a new Head of Distribution hired for North America.
Balance Sheet Strength: Regal finished with $244.2 million in cash, receivables, and fund investments, and a low 2% gearing ratio.
