The group’s total transacted value total gross value of investments and divestments), excluding transactions of undisclosed values due to confidentiality clauses, stood at $6.6 billion as at Nov 3. Ytd, fund management fee-related earnings (FM FRE) grew 16% y-o-y to $339 million. This brings 9MFY2022 FM FRE/FUM to 53 basis points (bps), 3 bps higher than 50 bps in FY2021.
CapitaLand Investment (CLI) in its latest 3QFY2022 ended September business update announced that it has seen operational resilience across all three of its growth drivers – fund management, lodging management and capital management.
Under its fund management segment, funds under management (FUM) stood at $86 billion year-to-date (ytd) as at end September. As at Nov 3, embedded FUM comprised of $3.4 billion estimated FUM from committed and undeployed capital for private funds and announced REITs transactions which are not completed and yet to be included in FUM as of 3QFY2022, and $2.7 billion from announced transactions post 3QFY2022.
