GQG Partners increases scale, reduces fund fees

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MEDIA RELEASE: GQG Partners has reduced the management fees for the GQG Partners Global Equity Fund and the GQG Partners Emerging Markets Equity Fund, in line with the firm’s client alignment philosophy. 

Management fees for: 

GQG Partners Global Equity Fund reduced from 0.90% to 0.75%

GQG Partners Emerging Markets Equity Fund reduced from 1.10% to 0.96 %

Laird Abernethy, GQG Partners’ Managing Director of Australia & New Zealand, says: “GQG Partners was founded with the objective of becoming the most client-aligned investment boutique around. How better can we demonstrate that alignment than through sharing the proceeds of our growth with our investors who made it happen? As our business and the funds have grown, the operational overheads have decreased and we are adjusting the fees downwards accordingly. 

“Prior to reducing fees, our funds were already below the median within their respective categories. Our overriding objective is to compound our clients’ assets over the long term; fees can make a meaningful impact on long term returns. We believe that the highest quality of management does not need to correlate with the highest level of fees. 

“As a global manager with a global client base, GQG Partners see first-hand how sophisticated the Australian market is. In fact, it was one of the reasons why the firm was attracted to it in the first place and decided to open its first office outside of the US here. 

“But with that investor sophistication comes a strong focus on fees, and we feel this focus fits well with our goal of being one of the most client-aligned boutique managers in the industry.”