0041 GMT - Can Centuria Capital deliver significant growth in assets under management without raising more equity? UBS thinks it's unlikely. Still, the bank notes the environment for raising equity is improving. Centuria Capital has managed to grow pockets of assets under management, such as in agriculture, shopping centers and private credit. But the pace of growth has slowed relative to history. "As asset values stabilise and interest rates reduce over time, Centuria Capital should be in a better position to raise equity for new funds," UBS says. The bank expects progress to be modest, but it should reflect an improvement after recent challenging years. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

June 19, 2025 20:41 ET (00:41 GMT)

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