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Perpetual saw $4.3 billion in outflows from its asset management division in the last quarter to 31 December, but market movement meant overall AUM increased.
In a Q4 2023 business update, Perpetual reported assets under management (AUM) of $212.1 billion, a 0.8% increase on the prior quarter.
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
JO Hambro Capital Management has launched a Global Select Shariah fund, bringing its institutional Global Shariah mandate to a wider market.
Pendal Group has reported its funds under management dropped over 11% in the June quarter.