CLI and Keppel have stated targets of $200 billion in funds under management (FUM) by 2028 and 2030, respectively.
CapitaLand Investment (CLI) has lost 11.7% over one year as of Dec 16, and is down 15% this year. Keppel, an alternative asset manager, has lost 3.1% this year, and 1% over one year. ESR Group’s share price is up 11% this year, and 19% over a one-year period.
ESR Group is not a strict comparison to CLI and Keppel. All three are focused on different asset classes, although some overlap. All three are sponsors to REITs and funds, although the asset classes differ. ESR has a privatisation offer from a consortium of institutional investors.
