Highlights

  • Generation Development Group saw total FUM rise to AUD 34.5 billion for the quarter ended 31 December 2025, up 36% year-on-year.
  • Net inflows of AUD 1.6 billion into managed accounts reflected favourable adviser participation and retention.
  • Generation Life gross sales reached AUD 393 million, with total FUM up 34% over the past 12 months
  • Lonsec iRate subscribers climbed to 5,294, with average spend per active client of AUD 133,000.

Generation Development Group Ltd (ASX:GDG) released its Quarterly December 2025 update on 22 January 2026, reporting an increase in total Funds Under Management (FUM) and elevated sales inflows across its key business units. The company’s latest results show a continuation of trends seen earlier in FY26, with inflows into advisory‑related and wealth solutions portfolios contributing to growth.

For the quarter ended 31 December 2025, total Group Funds under management (FUM) increased to AUD 34.5 billion, representing a rise of 36% compared to the prior corresponding period. This uplift reflects contributions from the company’s diversified asset management operations, including managed accounts and retirement solutions.

Within the Group’s key business streams, Generation Life reported gross sales inflows of AUD 393 million, an increase of 57% on the prior corresponding period. The December quarter ran at a monthly sales run rate above AUD 100 million, with consistent adviser engagement contributing to sustained inflows. Total FUM for Generation Life reached AUD 5.2 billion, up 34% on the previous 12 months.

Net Inflows, Advisory Alliances, and iRate Uptake Drive Momentum

The company’s managed account operations, led by Evidentia Group, recorded net inflows of AUD 1.6 billion during the December quarter. This reflects ongoing adviser demand for tailored managed account solutions and increased client participation across platforms. Retention of existing clients remained high, contributing to FUM stability and growth.

The December quarter update also detailed strategic developments, including a long‑term alliance with Ironbark Asset Management and the acquisition of Encore Advisory Group, aimed at expanding platform access and consulting services. These initiatives are part of the Group’s broader efforts to enhance product capabilities and support adviser workflows.

In its Lonsec Research & Ratings business segment, the number of iRate subscribers reached 5,294, while average spend per active client was AUD 133,000 during the quarter. These figures indicate increasing engagement levels and service uptake among financial adviser clients, supporting the revenue client base.

Outlook Following Quarterly Update

The quarterly results reflect an extended period of growth and inflows across GDG’s key operating units as it progresses through FY26. Continued expansion in FUM, adviser use‑case engagement via research subscriptions, and managed account participation provide ongoing visibility into underlying business activity and service adoption within the financial services market.

GDG shares closed 5.99% lower at AUD 5.65 per share on 22 January 2026.