GQG - GQG Partners Inc

[finicky]

Market Matters today:

• GQG Partners (GQG) +2.65% raised ~$145m to extinguish debt over its private fund and officially launch its Private Capital Solutions business – fears around Adani issues might be waning, though we still think there is more to play out here.

Not Held

 

[Dona Ferentes]

fee fly flow
Funds Under Management

GQG experienced net inflows for the year ended 31 December 2024 of US$20.3 billion, of which fourth quarter net flows were US$2.8 billion, and the month of December net flows were US$(0.2) billion. Our FUM as at 31 December 2024 was US$153.0 billion.

As at 31 December 2024, our net flows year to date were US$20.3 billion as compared to US$10.2 billion for the full year ended 31 December 2023. While we witnessed net outflows for the month of December, the fourth quarter brought continued positive gross and net sales. For the quarter, our institutional channel continued to see moderate redemption pressure fromasset allocation and rebalancing changes. We believe that we continue to be well positioned relative to the competition with strong long-term risk adjusted returns bolstered by our global distribution capabilities.

As in prior periods, we note that our management fees (fees that are a percentage of assets managed), as opposed to performance fees (fees linked to investment performance), continue to comprise the vast majority of our net revenue. Our management team remains highly aligned with shareholders and clients, and acutely focused on and committed to GQG’s future.
.
8 January 2025

 

[qldfrog]

fee fly flow
Funds Under Management

GQG experienced net inflows for the year ended 31 December 2024 of US$20.3 billion, of which fourth quarter net flows were US$2.8 billion, and the month of December net flows were US$(0.2) billion. Our FUM as at 31 December 2024 was US$153.0 billion.

As at 31 December 2024, our net flows year to date were US$20.3 billion as compared to US$10.2 billion for the full year ended 31 December 2023. While we witnessed net outflows for the month of December, the fourth quarter brought continued positive gross and net sales. For the quarter, our institutional channel continued to see moderate redemption pressure fromasset allocation and rebalancing changes. We believe that we continue to be well positioned relative to the competition with strong long-term risk adjusted returns bolstered by our global distribution capabilities.

As in prior periods, we note that our management fees (fees that are a percentage of assets managed), as opposed to performance fees (fees linked to investment performance), continue to comprise the vast majority of our net revenue. Our management team remains highly aligned with shareholders and clients, and acutely focused on and committed to GQG’s future.
.
8 January 2025
View attachment 190710

down 5% on the news? not a happy new holder, down down down...

 

[dyna]

Bit weird alright . FUM goes up $ 32 Billion in the year to 31 December 2024 ,to $ 153 Bill . What's that ? ...27 % .

Can't argue with the market , though . Down 5 % today to $ 2.06 .

 

[dyna]

A 52 week low last week of $ 1.70 .
I had a re - entry penciled in at about $ 1.50 but I think I'm dreaming , again . ( Looking at the chart , you would have to think GQG is a really easy stock to trade , but once again , I stuffed up . )
No news about and the AGM is not until mid May but I suspect the next FUM ann. will account for this up - kick in the S.P. ( $ 1.98 , today ) Some smart players last week picked the bottom around the $ 1.80 mark on about 14 million volume which has tailed off a lot to about 5 mill a day now .

 

[dyna]

S.P. up 3% to $ 2.33 on latest monthly F.U.M. numbers out today , namely : a $ 7 Billion inflow for the past month to total $ 160 billion .

 

[finicky]

@dyna
Greg Canavan did his monthly p/f review on 5 Feb and moved GQG back to a hold. He had bumped it to a buy (from hold) during the Adani related panic but on 5 Feb was seeing the V shaped rally as ripe for a pullback. He suggested then that the 100 dma might be a good guide for when the stock could meet resistance, He has consistently been positive on GQG as a business and initially tipped it much earlier.

Not Held
Definitely a candidate buy for me in extreme market conditions

DAILY

 

[dyna]

Greg Canavan did his monthly p/f review on 5 Feb and moved GQG back to a hold.

Yeah I wouldn't be buying now , either . Too late . Let it go . Today's S. P . up 5 1/2 % to $ 2.50 .

Slightly increased dividend payout . Probably for the non US shareholders' benefit , I guess .
Don't know . I should have just stuck to my US Etf's . They focus on C. G . and less dividend payout so much better off , tax- wise .

 

[finicky]

Wow
So much for Greg's cautious warning of, "might see resistance at the 100dma". I just relayed that uncritically, not my idea.

 

[finicky]

GQG Partners (GQG) +2.95% climbed as net flows doubled, lifting funds under management by over 25% to $US153B.