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Generation Development Group Limited ( (AU:GDG) ) has provided an announcement.
Generation Development Group announced a record-breaking performance for the December quarter, with over $250 million in gross inflows for investment bonds, marking a 61% increase compared to the previous year. Despite legislative uncertainties, the company saw a significant 31% uplift in funds under management, reaching $3.84 billion by year’s end. The company continues to expand its adviser network and plans to introduce more tax-optimized investment options, maintaining a strong market position.
More about Generation Development Group Limited
Generation Development Group Limited operates in the financial services industry, primarily focusing on investment bonds and related financial products. Their market focus includes providing tax-optimized investment options and complementary wealth and estate planning solutions to investors and financial advisers.
YTD Price Performance: 11.54%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €730.7M
For a thorough assessment of GDG stock, go to TipRanks’ Stock Analysis page.
