Hi Greg
I re-read the article today and they also secured a credit facility for the fund.
Assume the facility is approximately 30% of FUM, so the Fund may expand to $USD3.2B.
As you said, the fund is over 50% and this is the bit that will be reported in current FUM.
$USD3.2B is $AUD4.62B @0.693 exchange rate. assume $AUD2.6B is invested and reported on, therefore another $AUD2B is to come in the current 6-12 month period.
This is 5% FUM growth (based on $AUD40B ex GQG).
Best of Luck
Lost
Hi GregI re-read the article today and they also secured a...
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