ASX-listed GQG sinks as Morningstar trims fair value share price

GQG Partners

10/10/2025 06:05

** ASX-listed shares of GQG Partners GQG.AXG sinks as much as 1.6% to A$1.580, their lowest level since late Dec 2023

** Investment manager reports funds under management (FUM) of $167.2 billion at Sept-end, flat from Aug-end's $167.6 billion

** Morningstar cuts fair value estimate to A$1.70 per share from A$1.80, citing higher redemptions that undermine FUM and revenue growth compounding

** Adds, trend aligns with its thesis that consistent outperformance is challenging for managers like GQG, redemption risks are elevated

** Stock last down 0.8%; YTD loss at nearly 23%

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))