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PENDAL GROUP
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 ...
Funds management
Ahead of the 2023 Fund Manager of the Year Awards on 22 June, Money Management spoke to finalists of the Australian Fixed Income Fund of the Year....
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...