Generation Development Group Limited (ASX:GDG)

ALERT: Price-sensitive ASX Announcement for GDG

Current share price for GDG : $4.250 0.65 (18.06%)⁺

Announcement

Completion of Xplore Wealth Client Book Migration

Release

7 May 2026 8:24AM

Price at Release

$3.600

Full Release

Summary

Generation Development Group Limited (ASX: GDG) announced the successful completion of the migration of $1.8 billion in client assets from Xplore Wealth's managed discretionary account (MDA) investment portfolios to Evidentia Group’s Implemented Portfolios on the HUB24 platform. This transition has increased Implanted Portfolios' total funds under management to more than $4 billion, affirming its status as Australia's largest independent MDA provider. The integration with the HUB24 platform enhances Evidentia’s capability across various leading investment administration platforms and supports the wider distribution of its managed account capabilities.

Key Points

Completion of $1.8 billion Xplore Wealth Client Book Migration.
Transition to Evidentia Group’s Implemented Portfolios on HUB24.
Increase in funds under management to over $4 billion.
Reinforcement of position as largest independent MDA provider in Australia.
Expansion across multiple leading investment administration platforms.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.