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Scale the only thing that will allow asset managers to survive

Pendal shareholders voted in favour of a takeover by rival funds manager Perpetual on Friday, in a deal which will see the combined firm become one of the largest ASX-listed asset managers.

Scale the only thing that will allow asset managers to survive

Pendal shareholders voted in favour of a takeover by rival funds manager Perpetual on Friday, in a deal which will see the combined firm become one of the largest ASX-listed asset managers.

Perpetual promotes Anthony Aboud

Perpetual has appointed a new deputy head of equities within the asset management business following Vince Pezzullo s recent promotion to head of equities.

Perpetual announces new appointments

Perpetual has announced Anthony Aboud as deputy head of equities for Perpetual Asset Management Australia (PAMA). Mr Aboud has more than 23 years’ experience and has been with Perpetual since 2012.

Perpetual names executive committee of new group

The changes will take effect once the acquisition has been completed. Perpetual has announced the notional appointment of the executive committee that will lead the combined group following the propo

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