The asset manager Partners Group ended the first six months with results in line with the expectations of the financial community in terms of assets under management (AuM) and slightly higher in terms of customer demand.
At the end of June, AuM amounted to 131 billion dollars (almost as much in francs), up 3.1% compared to the closing of the previous financial year. Customer demand stood at 13 billion, or 7.4% better than over the same period a year earlier.
‘While market volatility led to a reduction in investment and divestment activity during the second quarter, we enter the second half of the year with a strong pipeline of thematic investment opportunities’, s’ David Layton, Chief Executive Officer (CEO) of the Zurich group was congratulated on Thursday in a press release issued after the market close.
While AuMs are exactly in line with AWP consensus analyst projections, customer demand has exceeded even the most optimistic forecasts.
The management of Partners Group has in the process confirmed its ambitions for the whole of the year, namely customer commitments of between 22 and 26 billion dollars.
/ATS