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Showing 111 - 120 of 1435 results for "perpetual"

Perpetual profits dented after KKR deal goes up in smoke

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
... week. However, KKR insists that a break fee is still owed and has reserved the right to pursue further damages - a claim Perpetual rejects. However, as a result, Perpetual's NPAT for the first half of 2025 plunged to $12 million, down from $34.5 ...

AZ NGA positions for growth with key appointment

JAMIE WILLIAMSON  |  MONDAY, 24 FEB 2025
... operating officer. Prior, she served as chief financial officer at AUB Group and The Trust Company, which was acquired by Perpetual in December 2013. She's also previously worked at AMP and Bank of America Merrill Lynch. "We are extremely fortunate to ...

Perpetual calls off KKR deal

KARREN VERGARA  |  MONDAY, 24 FEB 2025
Perpetual has ended KKR's courtship of its wealth management and corporate trust operations, blaming the massive tax bill the transaction would incur, saying there was no way of getting around it. Since tabulating the tax implications last December ...

Future Generation appoints chief investment officer

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
Future Generation has appointed its first chief investment officer from Perpetual. The philanthropic investment group has appointed former Perpetual head of private wealth Lee Hopperton. Hopperton will advise Future Generation's Investment Committees ...

Oaktree offers Star $650m lifeline

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... the Queensland government launched its own inquiry examining potential criminal links at the casino. Late last year Perpetual halved its investment in the casino operator, selling around $26 million worth of shares. Additionally, in September last year ...

Perpetual receives fresh KKR bid

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
Perpetual confirmed it has received a fresh bid from KKR for the acquisition of its wealth management and corporate trustees businesses, after the deal sat on the backburner for two months. Perpetual said it was considering the revised offer, but did ...

GQG records US$1.7bn net flows in January

MATTHEW WAI  |  MONDAY, 17 FEB 2025
... Morningstar report depicting struggles active managers may face moving forward. "Our covered firms - inclusive of Challenger, Perpetual, GQG and more - lack the robust performance needed to reclaim market share lost to ETFs and industry funds," the report ...

Capital Group promotes for key distribution role

JAMIE WILLIAMSON  |  MONDAY, 17 FEB 2025
... director, financial intermediaries for Australia and New Zealand. Before joining Capital Group, Brown spent nine years at Perpetual, four of which he served as general manager of adviser distribution. He also worked in business development at Macquarie. ...

New starter at GCQ Funds

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... account manager at Ellerston Capital for four years. This followed three years as the New South Wales state manager for Perpetual and SW State Manager for Perpetual and two years at Fidante. Burroughs also previously worked for Challenger Financial Services ...

SG Hiscock, Ruffer shutter funds

KARREN VERGARA  |  THURSDAY, 13 FEB 2025
... appropriately seek its investment return and income objectives given the fees and costs associated in running it, RE Perpetual told investors. "Following a recommendation of the manager, the RE has decided that terminating the fund is in the best interests ...