PENDAL GROUP

Funds management

Former Pendal manager Vimal Gor has returned to bonds as head of fixed income and multi-asset at Ellerston Capital, just months after joining a crypto advisory firm. ...

Funds management

Perpetual has appointed Charles River Development – part of State Street – to manage the front office operations of its Australian asset management business....

Funds management

The multi-asset businesses of Perpetual and Pendal are being merged to create one team known as the Perpetual Multi Asset Strategies Team....

Funds management

Perpetual chief executive, Rob Adams, has refuted comments that the acquisition of Pendal has been a failure as the business reports $4.3 billion in outflows in the first...

Funds management

Perpetual saw $4.3 billion in outflows from its asset management division in the last quarter to 31 December, but market movement meant overall AUM increased....

People & Products

First Sentier Investors has appointed a new chief operating officer, who departs from Perpetual as the investment manager appoints a replacement....

Funds management

Perpetual has ruled out making any further acquisitions while it embeds Pendal, and is seeking at least two board directors as part of a board renewal process....

Funds management

Morningstar is confident that if Perpetual achieves strong fund performance, it will be able to recover its share price and reassure investors’ doubt over the Pendal merg...

Funds management

Perpetual has reported its quarterly asset management flows after seeing $8.1 billion in outflows during FY2022–23....

Funds management

Acknowledging the national carrier “read the room wrong” in the past, Pendal’s equities head Crispin Murray believes Qantas is a very strong franchise being undervalued b...

Features

Markets have welcomed the announcement of Australia’s first-ever sovereign green bond, planned for mid-2024, though managers remind investors that not all green bonds are...

Funds management

Perpetual has announced a shake-up of two funds as part of a strategic review, which is understood to mean two portfolio managers will depart the business. ...

Funds management

Perpetual has announced leadership changes to its asset management executive team as it reports FY23 NPAT down 42 per cent thanks to $8.1 billion in net outflows....

People & Products

The $160 billion Aware Super fund has made a series of senior hires, with the new appointments joining from global roles at Pendal and AMP. ...

Funds management

Since closing the Pendal deal earlier this year, Perpetual AUM has grown by $1.7 billion while it saw $5.1 billion net outflows, mainly in global equities strategies and ...

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James Patterson

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