BUZZ-Australia's <a href="https://laohu8.com/S/RPL.AU">Regal Partners</a> advances after Bell Potter upgrades forecast** Shares of Regal Partners Ltd RPL.AX rise as much as 5.2% to A$3.05, their highest since March 10
** Bell Potter increases EPS outlook estimate for alternative investment manager by 2.1% for fiscal 2025
** Bell Potter upbeat on Regal's quarterly update, says funds under management $(FUM.UK)$ of A$17.7 billion ($11.63 billion) ahead of brokerage estimate of A$17.1 billion
** Calls update a "positive announcement," with a rapid rebound for co in terms of FUM, management fees and potential for future performance fees
** Brokerage retains "buy" call, target price A$3.55
** Stock down 19.2% YTD, including the day's moves
($1 = 1.5221 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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