GQG Partners hits near 3-yr high on rise in funds under management

GQG Partners

07/06/2024 03:07

** ASX-listed shares of GQG Partners  GQG.AX  rise as much
as 4.3% to A$2.69, its highest since early June 2021
    ** Stock on track to record its third consecutive week of
gains, is up 1.1% so far
    ** Asset manager says total funds under management as of May
31 rose to $150.1 bln from $142.0 bln as on April 30
    ** More than 960,000 shares change hands as of 0151 GMT, vs
30-day average of 2.4 mln
    ** Stock up 51.3% YTD, as of last close

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))