• $4.4bn in investment bonds funds under management, 33% growth
• $29.6bn in managed accounts funds under management, 178% growth
• Lonsec revenue up 18%, NPAT up 53%

Generation Development Group reported a strong set of FY25 results, with revenue increasing by 191% to $141.3m and underlying NPAT growing 170% to $30.2m. The company's investment bonds business saw funds under management grow 33% to $4.4bn, with a 57% market share of annual inflows. Managed accounts funds under management grew 178% to $29.6bn, with the acquisition of Evidentia contributing to this growth. Lonsec, the company's research and ratings business, reported an 18% increase in revenue to $72.1m and a 53% increase in NPAT to $19.8m. The company also highlighted the success of its strategic alliance with BlackRock, which has resulted in the development of new holistic retirement solutions. Looking ahead, Generation Development Group expects to continue building on its current sales momentum, leveraging its BlackRock alliance, and capitalizing on structural changes in the wealth management and retirement income sectors.

Generation Development Group expects to continue its strong growth trajectory, with the investment bonds business expected to maintain its leading market position and the managed accounts sector forecast to grow from $206bn to $474bn by 2030. The company also plans to actively review the market for high-growth opportunities that align with its strategic objectives.

Generation Development Group is well-positioned to continue building on its current sales momentum, with plans to fully leverage its strategic alliance with BlackRock and capitalize on structural changes in the wealth management and retirement income sectors. The company also expects to see continued growth in the managed accounts sector, which is forecast to grow significantly over the next decade.