GQG 3.52% $2.65 gqg partners inc.

Ann: FUM as at 31 July 2024, page-30

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  1. 72 Posts.
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    Hopefully US figures released overnight are positive! Some good news released early this morning re US filing of new job benefit applications declined last week as layoffs remained low. Labor Department report showed unemployment rolls were shrinking to levels last seen in mid-June. IMHOO whilst GQG growth is likely to pull back and sure some will move away from FUM (driven through fear), it has still outperformed on everything and is a LTH for me. I'll top up at these levels and concur with previous postings by @ Tarvold re it being a LTH (5-10 years), good gross yield dividends, and "ignoring the the short term movements, even 1 or 2 months of negative FUM is irrelevant" GLTAH
 
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