BUZZ-Australia's Regal Partners rises to near 7-week high on outlook

Reuters

07/03

BUZZ-Australia's <a href="https://laohu8.com/S/RPL.AU">Regal Partners</a> rises to near 7-week high on outlook

** Shares of Regal Partners RPL.AX rise as much as 7.9% to A$2.450, their highest level since May 13

** The alternative investment manager expects to recognise at least A$35 million ($23.02 million) in performance fee revenue for the 1H25 period

** Co says expected result due to stronger contributions from equity strategies

** YTD, shares of co down 35.5%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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