Pendal FUM drops $12bn
Pendal Group has reported its funds under management dropped over 11% in the June quarter.
Source: financialstandard.com.au
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Client caution drives Pendal fund redemptions
Pendal Group’s funds under management have fallen by $13.9 billion in the June quarter due to fund redemptions driven by client caution and sustained market challenges.
Siegel Walmsley Pendal Group Australian Securities Exchange Nick Good Global Opportunities International Select
Source: moneymanagement.com.au