Browsing Tag
Perpetual Limited
3 posts
Perpetual (ASX: PPT) reports A$9.6bn outflows as Barrow Hanley loses US mandates
Perpetual has reported substantial asset management outflows during the September quarter, driven by withdrawals from major institutional strategies, while its Corporate Trust division reached a record A$1.4 trillion in funds under administration.
Perpetual rejects EQT’s A$22.50 final takeover offer and ends talks
Perpetual Limited has rejected EQT AB’s best-and-final A$22.50-per-share takeover proposal despite an added dividend concession, shifting attention back to the Bain Capital wealth sale and the value of its remaining asset-management and corporate-trust businesses.
Perpetual (ASX: PPT) to sell wealth management unit to Bain Capital for A$500m as private equity bets on Australia’s growing advice market
Perpetual agrees to sell its A$21.9bn wealth management arm to Bain Capital for A$500m. What this means for PPT shareholders and Australia's advice market. Read more.