BUZZ-ASX shares of GQG Partners fall to near 1-yr low on smaller FUM, fund flows
ReutersJan 8, 2025 2:10 AM
** ASX-listed shares of GQG Partners GQG.AX slide as much as 10.1% to A$1.95, lowest since February 2024
** Investment manager founded by Rajiv Jain posts funds under management of $153 bln as of last month, lower than $159.5 bln as of November 2024
** Records net flows of $20.3 bln for 2024, below $20.4 bln logged as of November 2024
** Stock set for weakest trading session since early December
** GQG gained 21.4% in 2024
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((jasmeenaraislam.shaikh@thomsonreuters.com))
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