Greetings forum members!
CapMan released its Q3-report last Thursday. Operational development was quite well in line with our expectations but investment income exceeded our estimates by a wide margin. Adjusted for these, EBIT was slightly below our estimates. Management comments were quite positive but for the first time the company indicated that the fund raising markets show some signs of slowing down. Although weak market sentiment increases short-term risks, we believe that demand outlook for CapMan’s most significant products (RE, PE and Infra funds) has stayed solid in the long run. You can find our latest company report here (in English): CapMan: So far, the difficult market has been successfully navigated
By the way, CapMan recently held a very informative Capital Markets Day where the management presented the company’s updated strategy and provided updates of its business segments. CMD presentation can be found here: CapMan CMD 2022 – Wednesday, Sep. 7 at 1:00 pm EEST