Generation Development Group Limited ( (AU:GDG) ) just unveiled an announcement.
Generation Development Group Limited announced its acquisition of Evidentia Group Holdings Pty Ltd, a strategic move to enhance its position in the managed accounts market. This acquisition is expected to create a more robust and scalable offering by combining Evidentia’s tailored solutions and expertise with Lonsec’s comprehensive investment services, ultimately benefiting financial advisers and their clients with improved insights and integrated service experiences.
More about Generation Development Group Limited
Generation Development Group Limited operates in the financial services industry, focusing on investment management and managed account solutions. The company aims to provide comprehensive services for financial advisers and their clients, enhancing value through strategic acquisitions and partnerships.
YTD Price Performance: 28.78%
Average Trading Volume: 500
Technical Sentiment Signal: Sell
Current Market Cap: €1.07B
Learn more about GDG stock on TipRanks’ Stock Analysis page.