What drove the recent growth for L1 Group (ASX:L1G)?

L1 Group (ASX:L1G) grew its funds under management due to positive net client inflows and a recovery in investment performance following market volatility in March. The company stated that a marked recovery from March lows helped lift total funds under management by 12.4% over the June quarter.

What are the full year performance fee expectations for L1 Group (ASX:L1G)?

L1 Group (ASX:L1G) forecasts that its total performance fees for the 12-month financial year period will reach approximately A$162 million to A$167 million. This expected total includes an estimated A$122 million to A$127 million generated during the six-month period ended 30 June 2026.

How much did the recent initial public offering bring into L1 Group (ASX:L1G)?

The initial public offering for the L1 Gold Fund (ASX:LGF) contributed $428 million in net inflows to L1 Group (ASX:L1G) during April. The company reported that net client flows into its long-short strategies and affiliates segments were also positive for the quarter.

What one-off costs does L1 Group (ASX:L1G) expect to encounter?

L1 Group (ASX:L1G) expects to incur $33 million to $36 million in after-tax one-off costs during the second half of the financial year. The company stated these expenses relate primarily to the Platinum integration and the initial public offering of the gold fund.

When will L1 Group (ASX:L1G) release its final financial results?

L1 Group (ASX:L1G) is scheduled to release its detailed full-year financial results on Aug. 17. This upcoming report will provide further details regarding the final funds under management, client flows, and performance fees.

Financial

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L1 Group funds under management reach $19.1B

Written by Brie CarterPublished Jul 15, 2026, 1:16 AM

L1 Group reported a 12.4% increase in funds under management to a total of $19.1 billion for the June quarter.
The company expects full-year performance fees to reach approximately $167 million.
Growth was driven by positive net inflows and an investment performance recovery following March quarter volatility.

Australian wealth manager L1 Group (ASX:L1G) increased its funds under management by 12.4% to $19.1 billion for the quarter ended June 30.

This total marks a recovery from the previous quarter ended March 31 when funds under management stood at $16.96 billion.

The company stated that an initial public offering for the L1 Gold Fund contributed $428 million in net inflows during April.

L1 Group expects to incur $36 million in after-tax one-off integration and listing costs during the second half of the financial year.

Following the announcement, the L1 Group share price was down at $1.19.

The business operates several segments, including long-short strategies, international equities, and dedicated gold funds.

Detailed figures regarding these flows and performance fees will be released at the upcoming full-year results, scheduled for Aug. 17.

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L1 Group funds under management reach $19.1B

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