The GQG Partners Inc (ASX: GQG) share price is in focus today after the global fund manager reported total funds under management (FUM) of US$163.7 billion as at 31 October 2025. Net flows for the month dropped by US$2.6 billion, offsetting modest year-to-date inflows.
What did GQG Partners report?
- Total FUM at 31 October 2025: US$163.7 billion (down from US$167.2 billion at end-September)
- Net flows for October: –US$2.6 billion
- Year-to-date net flows: +US$0.6 billion
- International Equity FUM: US$70.1 billion (flat month-on-month), net flows for October: US$0.0 billion
- Global Equity FUM: US$36.5 billion (down US$2.4 billion), net flows for October: –US$1.1 billion
- Emerging Markets Equity FUM: US$41.7 billion, net flows for October: –US$0.5 billion
- US Equity FUM: US$15.4 billion, net flows for October: –US$1.0 billion
What else do investors need to know?
GQG Partners said that funds under management figures represent both discretionary and non-discretionary, as well as fee-paying and non-fee paying strategies. The figures include all assets managed or advised by GQG Partners LLC for global, international, US, and emerging market mandates.
The company also noted that its private capital solutions business is not included in this announcement. All numbers are unaudited and may include certain estimates, with rounding applied.
What's next for GQG Partners?
Looking ahead, investors will be watching for signs that GQG can return to net inflows after October's outflows. Ongoing demand for global investment strategies and discipline in portfolio management remain core pillars of the group's approach.
The company has not updated full-year guidance at this time, but continues to emphasise its diverse set of strategies and global distribution network.
GQG Partners share price snapshot
GQG Partners shares have declined 45% over the past 12 months, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.
