PAC pacific current group limited

GQG Partners in the news - soft close of one fund

  1. 3,190 Posts.
    lightbulb Created with Sketch. 1338
    Hi All

    GQG Rajiv Jain in the news:
    https://citywireusa.com/professional-buyer/news/rajiv-jain-sets-out-soft-close-plan-as-firm-aum-crosses-20bn/a1213071?re=63077&refea=1098386&utm_source=BulkEmail_International+Weekly+US+Domestic&utm_medium=BulkEmail_International+Weekly+US+Domestic&utm_campaign=BulkEmail_International+Weekly+US+Domestic

    The last quarterly FUM update at 31-12-18 had GQG at $AUD24B, passing $USD20B means FUM is up around the $AUD28B (@0.708 AUD/USD)

    The soft close of Emerging Market Fund requires an additional $USD4B before it closes (or 75% growth in FUM, currently $USD6B). There is plenty of growth to come moving forward.

    Best of Luck
    Lost
 
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