Global asset manager GQG Partners (ASX:GQG) has kicked off the year on a resilient note, reporting a 1.1% lift in funds under management to US$165.7 billion for January.
Despite weathering a staggering US$4.2 billion in net outflows during the month—a figure already surpassing the total net outflows for the entirety of 2025—the firm was bolstered by a US$6 billion gain in investment performance.
The performance-led recovery follows a difficult December 2025 where FUM slipped by US$2.2 billion, driven by a defensive positioning that saw the firm temporarily lag behind benchmarks.
The surge in investment returns suggests that GQG's portfolios are regaining momentum, even as institutional investors realign their holdings.
While the US strategy bore the brunt of the exits, the international strategy emerged as the primary engine for growth, successfully offsetting the heavy redemptions and steering the firm back into positive territory.
At the time of reporting, GQG Partners' share price was $1.60.