GQG Partners has announced increased revenue for the 2025 financial year, which ended on December 31. The rise was attributed to higher management fees resulting from growth in average funds under management (FUM). GQG Partners is a global investment firm focused on managing investment mandates and portfolios for institutions, advisors and individuals worldwide. They aim to provide long-term value for clients through a combination of fundamental research and proprietary strategies.
Average funds under management grew to $US164.3 billion, up 10.8 per cent from $US148.2 billion in the prior year. The rise in FUM directly contributed to the increase in management fee revenue. Overall, net revenue increased by 6.3 per cent to $US808.3 million.
While management fees supported revenue growth, performance fees experienced a decline, falling to $US13.8 million in 2025 compared to $US24.6 million in 2024. Despite this, net operating income saw a positive trajectory, increasing by 7.6 per cent to $US622.5 million from $US578.8 million. This improvement led to an increase in the operating margin, which rose to 77.0 per cent from 76.1 per cent a year earlier.
