Generation Development Group Limited ( (AU:GDG) ) has shared an update.
Generation Development Group reported strong performance in the March quarter, driven by strategic acquisitions and robust financial growth across its business segments. The acquisition of Evidentia Group has positioned GDG as a market leader in managed accounts, with significant increases in funds under management and net inflows. Generation Life achieved record inflows in the investment bonds market, while Lonsec Research and Ratings saw substantial revenue growth. The company has been recognized as a fast-growing brand, recently joining the ASX 200, reflecting its sustained growth and strategic execution.
More about Generation Development Group Limited
Generation Development Group (ASX:GDG) operates in the financial services industry, focusing on managed accounts, investment bonds, and financial research in Australia. The company has recently become a market leader in the managed accounts sector following the acquisition of Evidentia Group.
YTD Price Performance: 28.73%
Average Trading Volume: 500
Technical Sentiment Signal: Sell
Current Market Cap: €1.09B
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