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Showing 121 - 130 of 1448 results for "perpetual"

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... (MDA) that will target investors wanting direct investments to replace their maturing listed hybrids. Last October, Perpetual Corporate Trust (PCT) was picked to be IAM's settlement, middle office and custody partner to take care of 2000 client accounts ...

Perpetual appoints demerger specialist

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
Perpetual Limited has recruited a chief transformation officer as the financial services giant continues to pursue the sale of its wealth management business. Song Hong joined Perpetual five months ago as a separation specialist when Perpetual was about ...

JBWere nabs duo from Perpetual

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
The private wealth firm has snapped up two staffers from Perpetual - a senior wealth adviser and director of philanthropic services. Before joining JBWere, David Hurley was an associate Partner at Perpetual for more than seven years, providing investment ...

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 ...