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RG1 Marks Tough March as Gold and European Banks Weigh on Returns

Story Highlights
  • RG1, an ASX-listed global long-short LIC, offers concentrated exposure across sectors and regions.
  • RG1 posted a -7.3% March return, added to weakened gold and European banks, and continued buy-backs and dividends.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RG1 Marks Tough March as Gold and European Banks Weigh on Returns

Meet Samuel – Your Personal Investing Prophet

VGI Partners Global Investments Ltd. ( (AU:RG1) ) has provided an update.

Regal Partners Global Investments Limited (RG1), an ASX-listed listed investment company managed by Regal Partners, offers investors a concentrated global equities portfolio combining long and short positions built through fundamental, bottom-up research. The vehicle focuses on diversified sector and regional exposure and aims to deliver sustainable, fully franked dividends by managing realised gains and franking credit reserves.

In March 2026, RG1 reported a -7.3% net portfolio return, driven mainly by weakness in gold equities and de-risking in European banks amid heightened geopolitical tensions and rising oil prices, even as short positions in consumer and industrial names partially offset losses. The company used share price weakness to add to positions in Northern Star and European banks, continued an on-market buy-back of about 1.6 million shares at a discount to NTA, and paid a fully franked interim dividend, moves that may support long-term positioning while seeking to narrow the discount and maintain income for shareholders despite near-term volatility.

More about VGI Partners Global Investments Ltd.

Regal Partners Global Investments Limited (RG1) is an ASX-listed investment company providing access to an actively managed, concentrated portfolio of long and short positions in global listed securities. The portfolio is managed by Regal Partners, a specialist alternative investment manager with strategies spanning hedge funds, growth equity, real and natural assets, and credit and royalties for institutional and private investors.

RG1 employs a fundamental, bottom-up approach and maintains diversified exposure across sectors and regions, with notable weights in financials, materials and healthcare and listings across the Americas, Europe, the Middle East, Africa and Asia-Pacific. The board prioritises sustainable, fully franked dividends, setting payouts with regard to realised gains and available franking credits over the medium term.

Average Trading Volume: 268,977

Technical Sentiment Signal: Buy

For an in-depth examination of RG1 stock, go to TipRanks’ Overview page.

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