Half Year 2023 ESR Group Ltd Earnings Call Transcript

Aug 23, 2023 / 09:30AM GMT
Marilyn Tan -

Good evening and welcome to ESR Group's First Half 2023 Result Conference Call. I'm Marilyn, Group head of IR for ESR Group.

On the call today, we have Jeffrey Perlman, Chairman, Board of ESR Group; Jeffrey Shen and Stuart Gibson, Co-CEO of ESR Group; and Rean Lim, our group's CFO. Mr. Perlman will pass the call today with Jeff Perlman (inaudible), followed by Mr. Gibson and Mr. Shen, who will talk about the operating performance and business (inaudible) we are focused on. And finally, Mr. Lim will discuss our financial results for the first half of 2023.

(Operator Instructions) I'll now hand you over to Mr. Perlman. Mr. Perlman, please.

Jeffrey David Perlman - ESR Group Limited - Non-Executive Chairman of the Board

Great. Thank you, Marilyn and to all for joining ESR's First Half 2023 Results Presentation today.

To start, we're very happy to report that our total AUM was up 9% to USD 147 billion using current FX rates, with a 13% increase in new economy AUM to just under USD 70 billion. Most importantly, we continue to

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