Auto & Transport Roundup: Market Talk

The Wall Street Journal

Financial Services Roundup: Market Talk

0635 GMT – Indian non-banking financial companies’ assets-under-management growth is likely to moderate to 22% on year in 4Q FY 2024 from around 23% in 3Q, Nomura analysts say in a research report on eight NBFCs which it covers. This moderation will probably be driven by factors including cautiousness due to recent compliance-related regulatory actions, potential slowdown in unsecured loans, and heightened competition from banks in secured segments, the analysts say. 0533 GMT – Regal Partners’ most recent quarterly funds under management update looks positive and should see the market begin to focus on the potential for increased performance fee generation, says E&P analyst Olivier Coulonin.

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