Hi All
GQG are $US2.1B away from prospectus forecast FUM for June next year of $US92.5B.
The last month growth of $US4.6B will continue in coming months. GQG are easily on path to hit $US100B in FUM by June next year.
Growth achieved in October is larger than other ASX listed Fund Managers that have reported so far and this will compound over the year.
As PAC shareholders will attest, we have seen this time and time again since 2016 start up. All GQG shareholders should have confidence that over delivering is ingrained in GQG’s culture. Funds and now underlying business performance is available for shareholders to directly enjoy.
A quick note, this FUM will not include Rajiv Jain’s $US900M+ from the IPO. Add that for next month.
Best of Luck
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