The cap raise plus the opening of retail income funds will drive rapid AUM growth.
This business model is so asymmetric and within the business they have micro business models within the main parent providing great diversity.
This type of model is great because costs base can remain but profits can leverage substantially with AUM growth, furthermore with never ending stimulus real estate is a terrific inflation hedge! Reevaluation of asset pricing is just another bonus.
PrimeWest is a continue accumulate rate for me.
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