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PERPETUAL
Funds management
Pendal has told investors it will start winding up its Enhanced Credit fund from December, its third fund closure this year....
Funds management
Money Management rounds up the financial results for Australia’s listed fund managers. ...
Funds management
Having announced in its FY24 results that two directors will be retiring from the board, Perpetual has made its first new appointment....
Funds management
Perpetual has been questioned by analysts on whether its KKR deal is best for shareholders and if it can be undone given the lack of growth it has delivered to the compan...
Funds management
Perpetual has reported a statutory loss of $472 million for FY24 after experiencing heavy asset management outflows, while chairman Tony D’Aloisio is to retire from the b...
Funds management
Perpetual has appointed a new chief executive to replace Rob Adams, with the new appointment holding a background in leading change programs as the firm moves to complete...
Financial planning
The adoption of managed accounts is essential for financial advice businesses to achieve scale, two experts argue, otherwise advisers risk “limiting their growth”....
Funds management
The firm acquired Pendal in January 2023, but some 80 per cent of the firm’s FY24 asset management outflows came from Pendal products, according to Morningstar....
Funds management
Perpetual has seen another difficult quarter for its asset management division, reporting its largest quarterly outflows for FY24....
Funds management
Money Management spoke with two brand consultants to how Perpetual can best rebrand its business as the 138-year name is sold to private equity firm KKR....
Funds management
Perpetual has announced the outcome of a six-month strategic review and discussions with private equity giant KKR regarding its corporate trust and wealth management busi...
Funds management
Perpetual has confirmed it is in exclusive talks with global investment company KKR regarding an acquisition of its corporate trust and wealth management businesses....
Funds management
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy....
People & Products
The firm’s wealth management arm is welcoming an experienced corporate leader to its team....
Funds management
Perpetual has appointed Charles River Development – part of State Street – to manage the front office operations of its Australian asset management business....
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Podcast
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...