** Shares of Regal Partners RPL.AX fall as much as 9.5% to A$1.71, their lowest level since October 31, 2023
** Stock marks biggest pct loss since March 27
** Investment manager posts total funds under management of A$16.53 bln ($9.84 bln) as of March 31, down from A$18.02 bln at December-end
** RPL down 53.3% YTD, underperforming a 9.2% drop in ASX 200 benchmark .AXJO
($1 = 1.6793 Australian dollars)
(Reporting by Sneha Kumar in Bengaluru)
((Sneha.kumar@thomsonreuters.com))
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