Partners Group (806) the worst time has passed jcuv是什么车

Partners Group (806) the worst time has been the Sina Hong Kong columnist Li Shengyang WeChat (xlgg-sina), the public really influence the partners share price, in addition to large city, as well as the company’s total assets management. The monthly benefits at the end of the management of total assets by about 15 billion 600 million at the beginning of this year fell to $6 at the end of the $13 billion 300 million, but in July there are signs of rebound, in September 8, the market for the better, improve the investment climate, is expected to total assets management there is still room for growth. The first half of 2016 global market market volatility, Asset Management Co Partners Group (806) and thus have a negative impact on performance, and had issued a profit warning in early July. 8 months issued interim report shows the first half net profit to HK $5 million (the first half of 2015 was 446 million, the second half of the year, the annual loss of 172 million) fell 99%, the main reason is the performance fee income is reduced and the treasury business recorded by market capitalization accounted for a loss. However, net profit fell at all is not important, because the first half of last year the global situation and prosperity in Hong Kong stock market experienced a "big time", a reference value is limited. The company recorded a loss in the second half of last year, the first half of this year has been turned into a loss. The Hong Kong stock market recently improved, a number of top search index, and in recent months have a good news for, I expected the partners group performance will enter the recovery phase, the second half performance should be improved significantly. The real impact of the stock market value, in addition to performance, as well as the company’s total assets management (AUM Asset, under Management). The monthly benefits at the end of the management of assets (Figure 1) earlier this year by about $15 billion 600 million to $13 billion 300 million at the end of 6, but in July there are signs of rebound, in September 8, the market for the better, improve the investment climate, is expected to total assets management there is still room for growth. Figure 1: AUM based AUM based trend in the first half of this year fell, and not because of poor performance of the stock market. (Figure 2) shows that the amount of drag on investment performance is not a matter of fact, the real culprit is the redemption of fund investors. We expect the second half of the trend will be reversed. Figure 2: the AUM value in the first half of this year the trend that first half revenue fell 21% yoy (Figure 3), but the main income, management fees (i.e. AUM company in accordance with the annual fee, in fact only fell 4% year-on-year). The subscription fee (applicable to the new subscription Fund) and even up 51% per year. The real low income, is the performance fee, from 230 million in the first half of last year, down from about 98% in the first half of this year to about $5 million. With the rebound in the city, we believe that the performance fee can rebound sharply in the second half. Figure 3: the value trend of Hong Kong stocks through a "seven turn income", with the influx of foreign capital and more high-yielding stocks led, in August has continued strong up 5% on a monthly basis, the monthly average daily turnover rose about 11%. Good market conditions, the buoyant stock market, breaking the top of Asset Management Co will be well. Good news have been approved by the State Council in August 16th Shenzhen Tong, general plan does not limit the amount)相关的主题文章: