GQG Partners' Funds Under Management Rise in May

MT Newswires Live
06-11

GQG Partners' (ASX:GQG) funds under management (FUM) rose to $168.5 billion as of May 31 from $163.6 billion as of April 30, according to a Wednesday filing with the Australian bourse.

International equity FUM increased to $68.3 billion from $65.4 billion, while global equity FUM grew to $40.6 billion from $39.9 billion, the filing said.

Emerging market equity FUM jumped to $40.2 billion from $39.2 billion. US equity FUM edged up to $19.4 billion form $19.1 billion.

Netflows as of the end of May stood at $1.4 billion, bringing the year-to-date total to $7.4 billion.

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