Page 14 - Pendal Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- US Treasuries drifted higher after Fitch Ratings stripped the US of its top-tier sovereign rating, spurring modest demand for haven assets which counter-intuitively include debt issued by the world’s biggest economy. Most Read from BloombergUS Stripped of AAA Rating by Fitch as Budget Deficits SwellPoland Sends Troops to Belarus Border After Airspace BreachUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceTru

Since closing the Pendal deal earlier this year, Perpetual AUM has grown by $1.7 billion while it saw $5.1 billion net outflows, mainly in global equities strategies and fixed income.

Cameron Williamson joins the group as its chief financial officer after more than 15 years at Pendal Group.

Key Insights Given the large stake in the stock by institutions, Metcash's stock price might be vulnerable to their...

These next-generation fund managers have a talent for picking stocks and a passion for investing.