Hi Everyone
Thought I would share the comparison table of FUM for the ASX listed Fund Managers, the figures are based on what we know for performance as at the end of August. I have assumed nil growth for fund managers AEF, PDL and PPT as they announce their FUM quarterly just like PAC.
PAC announce September Quarter FUM on Friday 29/10.
PAC figures have stable FUM for all boutiques except for GQG which announced at the end of August FUM number if $USD88.7B. PAC FUM is based on $0.7229 AUD/USD exchange rate and the growth is due to prior period PAC FUM with an AUD/USD exchange rate of $0.7495.
Here is the table:
PAC's (and GQG's) FUM growth is double MFG as at the end of August. PCG's has grown at a high rate too.
Expect high growth from AEF for the quarter too, just not announced yet.
Best of Luck
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