Balance Sheet StrengthA low debt-to-equity profile and strong equity ratio provide durable financial flexibility, lowering refinancing and solvency risk. This supports continued operations, ability to fund seed investments or absorb redemptions, and resilience through market cycles over months.
Profitability And MarginsSustained high gross, net, EBIT and EBITDA margins indicate efficient cost structure and pricing power in the asset-management model. Margin durability supports reinvestment and dividend capacity, making earnings less vulnerable to temporary revenue swings across 2-6 months.
Stable Cash GenerationConsistent operating cash conversion and positive free cash flow growth underpin long-term funding for operations, distributions and selective growth initiatives. Reliable cash generation reduces dependence on external financing and supports strategic flexibility.