Revenue & Profitability TrendsSustained revenue growth and a high net profit margin indicate durable fee-based income and strong operating leverage in asset management. Over time this supports predictable earnings as AUM grows, improving ability to invest in distribution and product depth that drive long-term market share gains.
Balance Sheet StrengthA capital-light, low-leverage balance sheet with a rising ROE provides financial resilience and flexibility to withstand market stress, fund growth initiatives, and support redemptions without heavy borrowing, enhancing long-term stability and capacity to scale assets under management.
Cash GenerationConsistent free cash flow growth and strong operating cash conversion underpin sustainable dividends, reinvestment in distribution, and product development. Reliable cash generation reduces dependence on external funding and supports strategic initiatives that compound AUM and fee income over time.