Evidentia FUM growth boosts GDG results
Generation Development Group (GDG) has reported strong growth for the December quarter on the back of Evidentia’s 36 per cent increase in funds under management (FUM). GDG acquired 100 per cent of managed account provider Evidentia in February 2025 for $352 million, leading to the creation of a managed account provider of $25 billion in FUM. In July, Evidentia merged with Lonsec Investment Solutions (LIS) and Implemented Portfolios to form Evidentia Group, which focuses on...
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