PAC pacific current group limited

GQG growth in FUM, $USD6.5B increase for December quarter or 5.4% in AUD

  1. 3,190 Posts.
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    Hi All

    The guessing game begins again for GQG FUM prior to official release, see following article ($USD62.2B):
    https://www.ft.com/content/efe9bb26-120c-48d2-a34d-2d12f20d4c7c

    They have grown FUM by $USD6.5B in the quarter, great result. This is approximately 11.4% growth in USD terms.

    In AUD terms it is approximately 5.4% growth $USD62.2B @76c exchange rate is $AUD81.84B. Last quarter $AUD77.67B, growth of $AUD4.14B due to AUD currency increase.

    Looking forward to a reduction in the AUD/USD exchange rate.

    Best of Luck
    Lost
 
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