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BUZZ - GQG Partners shares listed in Australia hit an all-time low as assets under management decline

BUZZ - GQG Partners shares listed in Australia hit an all-time low as assets under management decline

路透社路透社2026/11/11 03:36
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- ** GQG Partners (GQG.AX) shares once plunged 18.8%, hitting a historic low of AUD 0.788

** This was the stock’s largest intraday drop in nearly two years

** The asset management sector became the biggest drag on the performance of the All Ordinaries Index (.AORD) in Australia

** Both the Australian All Ordinaries Index (AORD) and the benchmark ASX 200 .AXJO rose by 0.2%

** GQG reported that as of October 31, 2026, its assets under management (link) stood at USD 131.6 billion, down from USD 163.9 billion on December 31, 2025

** So far this year, GQG has fallen almost 54%, underperforming AXJO and AORD, which rose by 3% and 5% respectively


(To facilitate non-English speakers, Reuters provides automated translations of its reports into several languages. Automated translations may contain errors or lack intended context, and Reuters does not guarantee the accuracy of automated translated texts. They are provided solely for reader convenience. Reuters accepts no responsibility for any damage or loss caused by the use of automated translation functionality.)

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