Key points
- Record Group FUM of $46.5bn (up 37%)
- Record Group FY net inflows of $9.7bn
- Strong market leadership positions across Generation Life, Evidentia and Lonsec
- Focus on innovation and digital transformation
- Strategic acquisitions to drive growth
Full summary
Generation Development Group Ltd presented its FY26 results, highlighting record financials and market leadership. Key highlights include a 37% increase in Group Funds Under Management (FUM) to $46.5bn and record net inflows of $9.7bn. The company's divisions, Generation Life, Evidentia, and Lonsec, achieved significant growth. Generation Life saw a 61% increase in FUM, Evidentia had a 14% rise, and Lonsec experienced growth in researched products and iRate subscribers. The company is leveraging structural tailwinds in retirement, advice, and platform adoption, focusing on innovation, digital transformation, and strategic acquisitions to drive future growth.
Guidance
FY27+ expected revenue growth of 15%-20%, driven by distribution, platform economics, and strategic acquisitions
Outlook
The company is well-positioned to capitalize on regulatory and demographic tailwinds, with a focus on innovation, digital transformation, and strategic acquisitions to drive sustainable growth.