L1G.ASX: Assets Under Management and Performance Fees

Assets Under Management and Performance Fees

Stock	L1G.ASX (L1G.ASX)
Release Time	13 Jan 2026, 9:38 a.m.
Price Sensitive	Yes

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L1G.ASX reports on assets and performance fees

Key Points

AuM grew by $700m over Q4 2025
Realised performance fees expected at $37-39m
Full year entitlement to 'in-perimeter' performance fees attributed in H1

Full Summary

L1 Group Limited (L1G.ASX) has provided an update on its assets under management (AuM) and performance fees. The company's AuM grew by approximately $700 million over the December 2025 quarter, reaching a total of $17,639 million. This outcome was driven by positive investment returns and strong inflows into the L1 Global Long Short strategy, which were partially offset by outflows from the Platinum International Fund. The increase in L1 International AuM and reduction in Platinum branded AuM is largely due to the transition of the management of the Platinum international equity funds to L1 International. Realised performance fees for the period ending 31 December 2025 are expected to total approximately $37 million to $39 million, including 'in-perimeter performance fees' of circa $32 million. Due to strong investment performance in the first half of the financial year, and in accordance with the in-perimeter performance fee rules, L1G will be attributed its full year entitlement to 'in-perimeter performance fees' for the long short fund (LSF) strategies in the first half year of this financial year.