Perpetual Q1 fund inflow

Perpetual has reported its first quarter of net inflows in more than four years. Funds under management (FUM) rose 9.9% to $27.8bn at 30 September, up 9.9% from $25.3bn at the end of June. Almost all of the $2.5bn increase was due to market appreciation, but $0.2bn came from a net inflow of funds, with a $0.3bn inflow of institutional money making up for a $0.1bn outflow in retail. Perpetual noted an ‘increased engagement with research and asset consultants and a reinvigoration of our sales and distribution functions’. One swallow doesn’t make a summer, of course, and this particular...

Perpetual has reported its first quarter of net inflows in more than four years. Funds under management (FUM) rose 9.9% to $27.8bn at 30 September, up 9.9% from $25.3bn at the end of June. Almost all of the $2.5bn increase was due to market appreciation, but $0.2bn came from a net inflow of funds, with a $0.3bn inflow of institutional money making up for a $0.1bn outflow in retail. Perpetual noted an ‘increased engagement with research and asset consultants and a reinvigoration of our sales and distribution functions’.

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