Pendal sees performance fees rise to record level

Pendal MicroCap Opportunities was the best-performing fund with returns of 45.7%. 
Performance of Pendal funds versus Australian equities sector over three years to 30 June 2021 
Over the last three months to 30 June, 2021, the MicroCap Opportunities was again the best-performing fund with returns of 12.4% followed by the MidCap fund which returned 8.7%. 
Performance of Pendal funds versus Australian equities sector over three months to 30 June 2021 
Pendal Australia funds under management (FUM) rose from $34.4 billion at the end of March to $37 billion, although the institutional channel saw outflows of $0.4 billion which Pendal said was mostly in cash and fixed income. 
Group FUM rose from $101.7 billion to $106.7 billion due to investment performance, higher markets and a positive currency effect.  

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