The GQG Partners Inc (ASX: GQG) share price is in focus after the fund manager reported total funds under management (FUM) of US$162.5 billion as of 31 March 2026, reflecting net outflows of US$8.6 billion in the first quarter, partially offset by positive investment performance of US$7.3 billion.
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What did GQG Partners report?
- Total FUM at 31 March 2026: US$162.5 billion, down from US$172.9 billion at the start of March
- Net outflows: US$1.2 billion for March; US$8.6 billion for the quarter
- Positive investment performance added US$7.3 billion in the quarter
- Core strategies (International, Emerging, Global, US) all outperformed their respective benchmarks
- Fees primarily based on assets managed, with little reliance on performance fees
What else do investors need to know?
GQG saw a challenging quarter, with heightened market volatility driven by rising geopolitical and macroeconomic risks. The group's defensive investment positioning, favouring companies with stable earnings and strong fundamentals, helped all major strategies outperform benchmarks.
Despite the net outflows, GQG's management emphasised strong alignment with shareholders and clients. The company remains committed to safeguarding client assets in what they described as a period of substantial downside risk.
What's next for GQG Partners?
Looking ahead, GQG Partners will continue focusing on its defensive investment strategy to help protect against ongoing market uncertainty. The company highlighted a strong alignment of interests between management, shareholders, and clients, supporting a forward-looking, resilient approach.
Upcoming FUM updates are scheduled for 12 May, 10 June, and 13 July 2026, which will give investors further insight into trends across GQG's suite of global strategies.
GQG Partners share price snapshot
Over the past 12 months, GQG Partners shares have declined 14%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 16% over the same period.
