AI assistant
GENERATION DEVELOPMENT GROUP LIMITED — Capital/Financing Update 2026
May 6, 2026
64973_rns_2026-05-06_2d9d6adc-577e-45b1-a534-b1368474164b.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
generation development group
ASX Announcement
7 May 2026
Completion of $1.8bn Xplore Wealth Client Book Migration
Generation Development Group Limited (ASX: GDG) confirms, as outlined in its March 2026 Quarterly Update, the migration of the Xplore Wealth managed discretionary account (MDA)¹ investment portfolios to Evidentia Group’s Implemented Portfolios private label MDA service on the HUB24 platform.
The transition of $1.8 billion in funds under management (FUM) increases Implemented Portfolios’ total FUM to more than $4 billion, reinforcing its position as Australia’s largest independent MDA provider.
Integration with the HUB24 platform expands Evidentia’s capability across multiple, leading investment administration platforms and supports broader distribution of its managed account capability.
ENDS
This announcement has been authorised for release by the Chair of Generation Development Group Limited.
For any enquiries, please contact:
Andrew Mellor
Chief Financial Officer
T: +61 405 501 462
E: [email protected]
Tanya Thomas
Investor Relations Manager
M: +61 421 041 355
E: [email protected]
¹ A managed discretionary account (MDA) is an investment account where an investor gives a professional investment manager authority to make buy and sell decisions on their behalf, within an agreed investment strategy and risk profile, without needing approval for every individual transaction.