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PERPETUAL
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
“Unacceptable circumstances”, a lack of shareholder support and Chinese regulatory delays are among reasons for problems with M&A deals in the fund management industry re...
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....
Funds management
Platinum Asset Management and Clime Investment Management have both seen steep downturns in their share prices this year, while Magellan is set to end a difficult year in...
Funds management
Perpetual has rejected a $3 billion acquisition bid from Washington H. Soul Pattinson (WHSP) as it announces a strategic review of its company....
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...
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. ...
Editorial
OP-ED With Magellan CEO David George hinting at possible acquisitions, the appointment of Andrew Formica, who pursued an aggressive M&A strategy for Henderson as its form...
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