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Perpetual Limited (ASX:PPT)

ALERT: Price-sensitive ASX Announcement for PPT
Current share price for PPT : $19.310 -0.87 (-4.31%)+
Announcement
Release
29 Jul 2026 8:44AM
Price at Release
$20.180
Full Release
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Summary
Perpetual Limited's Fourth Quarter FY26 Business Update highlights solid growth across its business divisions. The Corporate Trust division saw a 2.4% increase in Funds Under Administration (FUA), driven by strong performance in Debt Market Services and Managed Funds Services, alongside significant expansion in Digital and Markets through data services. Asset Management reported a 2.3% increase in Assets Under Management (AUM), although faced net outflows, particularly in equity strategies. Wealth Management experienced a 5% growth in FUA, with continued progress towards its sale to Bain Capital. The update also announced the acquisition of a majority interest in Interfi Systems Pty Ltd to enhance digital capabilities and support long-term growth. This strategic move aligns with Perpetual's aim to maintain market leadership in Corporate Trust. Despite challenging net flows, stability was noted in J O Hambro's strategies, and Barrow Hanley attracted inflows in Emerging Markets.
Key Points
  • Corporate Trust's FUA grew to A$1.35 trillion, up 2.4% on the March quarter.
  • Asset Management's AUM increased by 2.3% to A$224.4 billion as of 30 June 2026.
  • Wealth Management's FUA increased by 5%, with ongoing sale to Bain Capital.
  • Acquisition of a majority interest in Interfi Systems Pty Ltd announced to enhance digital capabilities.
  • Stability in J O Hambro's strategies, with inflows in Barrow Hanley's Emerging Markets.
  • Continued strong performance in Debt Market Services and Managed Funds Services.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.