Perpetual pressure takes its toll

The short tenure of Chris Ryan at the helm of Perpetual is a further sign the business is under stress, but that shouldn't come as a surprise to those watching the group, or the funds management sector generally.

When a company has had three chief executives within 12 months it is a pretty clear signal of a business under intense pressure. It didn’t take the unexpected departure of Chris Ryan from Perpetual today to signal that the group is feeling that stress.

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