Perpetual hit by fund outflow

An outflow of funds in the fourth quarter will make it hard for Perpetual to meet forecasts for 2016, but its longer term prospects remain fair.

In Perpetual sees third-quarter inflow on 21 Apr 15 (Hold – $57.53) we wrote that ‘assuming flat [funds under management] for the final quarter would lead to average FUM of $32.7bn for the year, 14% higher than in 2014’, but that has turned out to be a stretch.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles