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GQG Partners

GQG Partners Parent Rating

Above Average

Young fund companies seeking to establish themselves in a responsible manner should strive to emulate GQG Partners.

The firm receives a Parent rating of Above Average.

GQG Partners was created by former Vontobel manager Rajiv Jain in mid-2016. Jain hired Tim Carver, who had a background guiding young investment firms, as CEO. Jain thus could focus on investing and on building and supervising an analyst corps, leaving Carver to handle the business side. That division of responsibilities became more critical as GQG grew rapidly. As of December 2022 it had 153 employees and nearly USD 90 billion in assets under management, up from about 90 employees and USD 60 billion just two years earlier. Ownership has been spread widely. There were about 18 partners before the firm held an IPO in Australia in October 2021; now nearly every employee has received an equity stake.

GQG offers a compact lineup of funds, all relying on a growth-oriented, valuation-conscious approach. Carver says no others are planned, though he and Jain would consider bringing in a standout manager from outside to run one if that opportunity arose.

Although the funds have comanagers, as chairman, CIO, and the main architect of the funds' impressive records, Jain remains GQG's central figure. The firm thus has substantial key-person risk. It also remains to be seen how GQG would deal with an extended period of outflows or underperformance.

GQG Partners Investments

Market

US Open-end ex MM ex FoF ex Feeder

Total Net Assets

25.31 Bil

Investment Flows (TTM)

4.51 Bil

Asset Growth Rate (TTM)

31.06%

# of Share Classes

15

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