GQG funds rise 4.3% despite investor outflows

GQG Partners (ASX:GQG) has reported a 4.3% increase in funds under management for February, with assets rising from US$165.7 billion to US$172.9 billion.

The growth was achieved despite the boutique investment firm weathering continued investor withdrawals, as strong market performance offset a month of net outflows.

The Florida-headquartered fund manager recorded US$3.2 billion in net outflows during the period.

While substantial, this represents a significant moderation compared to the US$5.9 billion in outflows seen in January.

The primary driver of the FUM boost was a robust US$10.5 billion gain from investment performance across its diverse portfolio.

On a divisional basis, the ‘Emerging Markets’ strategy faced the heaviest pressure, accounting for US$1.3 billion of the total net outflows.

Conversely, the ‘International’ strategy emerged as the standout performer, contributing a massive US$4.8 billion in investment gains.

The performance-led recovery highlights the firm's ability to generate capital appreciation even as institutional and retail sentiment remains cautious.