Generation Development Group (GDG) Q1 2027 TU earnings summary

Executive summary

• Strong start to FY27: FUM reached $48.1bn at 30 September 2026, up 29% on the PCP, with record inflows at Generation Life and continued growth at Evidentia.

• Resilient performance came amid softer industry conditions and more cautious investor and adviser activity, supported by established client relationships and exposure across bonds, managed accounts, research and governance.

Financial highlights

• Generation Life quarterly sales inflows were a record $518m, up 57% on the PCP and 17% above its prior record quarter; net sales were 25% above the previous quarterly high.

• Generation Life FUM increased to $6.38bn, up 33% on the PCP, with quarterly growth of $432m; reported net inflows for June–September were $427m.

• Evidentia reported $1.54bn of quarterly net inflows, including $74m of net new mandates; FUM reached $41.7bn, up 28% on the PCP.

Outlook and guidance

• Evidentia’s pipeline supports further inflows through FY27, with focus on accelerating distribution, scaling platform capabilities and improving operational efficiency.

• Technology, digital capability and product infrastructure initiatives progressed in line with the strategy outlined at the FY26 result.