Sparx Logs 1% Decline in Assets Under Management in August
SPARX Group Co (TYO:8739) reported a monthly decrease in assets under management (AUM) in August, with a decline of 19.8 billion yen, or 1%, resulting in a total AUM of 1.916 trillion yen, according to its filing last Friday.
The decline was attributed to changes across investment strategies, with Japan Equity falling to 1.329 trillion yen in August from 1.345 trillion yen in July.
OneAsia AUM decreased to 127.1 billion yen, while Private Equity slightly increased to 130.1 billion yen. Real Assets remained stable at 285.5 billion yen.
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