y, SNB meeting; 5 July, ECB Governing Council meeting Key corporate announcement dates that could move the market: 5 July, Barry Callebaut; 12 July, Partners Group; 16 July, Kuhne+Nagel; 17 July, Georg Fischer & SGS; 19 July, Actelion; 20 July, Sulzer; 25 July, Rieter & Lonza; 26 July, ABB, CS Group, Logitech &

could begin to pressure fee rates over time. NORTH AMERICA INSIGHT ~~ 2) Publicly Traded Alts Comps We see Hamilton Lane (HLNE, Equal-weight) and Partners Group (PGHN, Equal-weight, covered by Anil Sharma) as offering an upside scenario for Alts©fee-related earnings multiples. Hamilton Lane is ~90% fee earnin