GQG Partners Funds Under Management Update

GQG Partners Inc. (ASX:GQG) has released an update on its funds under management (FUM) as of 31 August 2024. The company, listed on the Australian Securities Exchange, reported net inflows of US$15.2 billion for the year-to-date period, representing both discretionary and non-discretionary funds, as well as fee paying and non-fee paying funds.

Executive Commentary on FUM Update

We are pleased to report positive net inflows of US$15.2 billion for the year to date period as of 31 August 2024. Our primary strategies, including the Global Concentrated strategy, International, Global, and U.S. Quality Value strategies, have contributed to these favorable net flows. The renaming of the Quality Dividend Income strategies to more accurately reflect each strategy has not impacted their objectives or investment policies.

Summary of FUM Update and Outlook

GQG Partners Inc. has seen a significant net inflow of US$15.2 billion for the year to date period, indicating strong investor confidence in the company's strategies. The Global Concentrated strategy, along with the International, Global, and U.S. Quality Value strategies, have played a key role in driving these positive net flows. The company remains committed to its investment objectives and policies, with no changes made despite the strategy name updates. Looking ahead, GQG Partners aims to continue delivering value to its clients and maintaining its position as a leading asset management firm in the global market.