Business · Companies · 3 hrs ago
Generation Development Group FUM rises 29% to $48.1 billion
Generation Development Group's funds under management rose 29% to $48.1 billion in the September 2026 quarter.
The Australian group includes Generation Life, which offers investment bonds and annuities, and Evidentia Group, which runs managed accounts.
Both businesses recorded their highest quarterly inflows, with Generation Life sales inflows reaching $518 million and Evidentia net inflows at $1.54 billion.
Generation Life's funds under management grew 33% to $6.38 billion, while Evidentia's rose 28% to $41.7 billion.
The growth came despite softer industry conditions and more cautious activity from investors and advisers.
The company's shares have fallen 59% over the past 12 months, compared with a 2% decline in the S&P/ASX 200 Index.
The group plans to invest in technology and products while expanding distribution, strengthening client relationships and improving efficiency.
Generation Development Group reported that group funds under management rose 29% to $48.1 billion in the September 2026 quarter.
Generation Life funds under management increased 33% to $6.38 billion, while Evidentia Group funds under management rose 28% to $41.7 billion.
Generation Life recorded quarterly sales inflows of $518 million, up 57% on the previous corresponding period.
Evidentia Group recorded quarterly net inflows of $1.54 billion.
The group said both businesses maintained momentum despite softer industry conditions.
- Who
- Generation Development Group, including Generation Life and Evidentia Group.
- What
- Group funds under management rose 29% to $48.1 billion, with record quarterly inflows for Generation Life and Evidentia Group.
- When
- The September 2026 quarter.
- Where
- Not stated.
- Why
- The group cited strong client and adviser relationships, market-leading positions and diversified business exposure.
This story does not have two clearly opposing sides.
Generation Development Group recorded a 29% rise in group funds under management and record quarterly inflows for Generation Life and Evidentia Group.
Motley Fool AU reported the group’s September-quarter results.
- Group funds under management
- $48.1 billion, up 29% on the previous corresponding period
- Generation Life funds under management
- $6.38 billion, up 33%
- Generation Life quarterly sales inflows
- $518 million, up 57% on the previous corresponding period
- Evidentia Group funds under management
- $41.7 billion, up 28%
- Evidentia Group quarterly net inflows
- $1.54 billion
What people are saying
GDG delivered another strong quarter despite softer industry conditions and more cautious investor and adviser activity.
Performance was underpinned by strong client and adviser relationships, market-leading positions and diversified exposure across investment bonds, managed accounts and investment research and governance.