BUZZ-Australia's <a href="https://laohu8.com/S/RPL.AU">Regal Partners</a> rises on upbeat FUM** Shares of fund manager Regal Partners RPL.AX rise 2.8% to A$2.7, on track for best day since July 18 if gains hold
** Stock earlier rose to A$2.85, to mark its highest since March 24
** RPL reports funds under management of A$17.7 billion ($11.67 billion) for the quarter ended June, a 7% increase sequentially
** Also upgrades HY performance fee revenue estimate to at least A$40 million from A$35 million
** However, forecasts HY normalised NPAT to be at least A$40 million; co reported normalised NPAT of A$59 mln in HY 2024
** YTD, stock down 28% including moves in current session
($1 = 1.5172 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((JasmeenAraIslam.Shaikh@thomsonreuters.com))
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