you might want to re-read the announcement, inflows of $5.4B are for for the 4 months of 2023 (ie. jan-april).
Jan to Mar 2023 inflows was $5b in the previous March announcement, so therefore April net inflows was weak at $400m, which perhaps the market didn't like or the announcement today allows for a liquidity moment for a large shareholder to sell down or reduce exposure.
Performance was therefore strong for April increasing $3.7B, adjusting for $400m inflows, as march balance was $94.5B.
GQG Price at posting:
$1.41 Sentiment: None Disclosure: Held
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