Hi All
Another new mandate for GQG:
https://www.streetinsider.com/SEC+Filings/Form+497+PACE+SELECT+ADVISORS/19373436.html
There is no specific mention of FUM amount, but the announcement states GQG was approved as a subadvisor for the UBS PACE Large Co Growth Equity Investments. This fund has a net asset value of $USD1.0B. I am not sure if each Subadvisor gets half each or has to share FUM with other subadvisors - another $USD500M would be a good improvement in FUM for the December release and adds to current smaller mandates.
Here is the reference and fact sheets for all of UBS's PACE funds: https://www.ubs.com/us/en/asset-management/individual-investors-and-financial-advisors/products/ii-pace.html
Good opportunity to get in the door to see if they can manage part of the Emerging Market Fund which is $USD360M.
Here is the Emerging Market Fund details: https://www.morningstar.com/funds/xnas/pcemx/quote
The announcement shows how GQG are competitive in the US market where they have a very low and competitive fee structure.
Best of Luck
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