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Showing 1 - 7 of 7 results for "TSW"

Perpetual weathers $4.3bn in outflows

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
... multi-boutique asset management entities, JO Hambro was the hardest hit, registering $1.7 billion in net outflows. Meanwhile, TSW and Pendal Asset Management saw outflows of $1.6 billion and $900 million respectively during the same period. Barrow Hanley ...

Pendal reports underlying profit up 17%

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
... share, while fee revenue climbed 8% to $629.7 million. Its operating margin increased to 36% (up 1% on FY21), supported by TSW's higher operating margin and cost management across the group. However, the group's funds under management (FUM) declined ...

Pendal appoints new chair

KARREN VERGARA  |  MONDAY, 17 JAN 2022
... is central to everything we do as a board and an organisation," Page commented. Evans said: "With the finalisation of the TSW acquisition, the new Group CEO succession successfully completed, and a new Director appointed, it is timely to retire from ...

Pendal FUM rises despite mandate losses

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
... overall boost in FUM for the quarter was driven by its US business. Good said the acquisition of Thompson, Siegel & Walmsley (TSW) delivered a step-change in FUM from $106.7 billion to $139.2 billion and proves to be a value accretive acquisition. Pendal ...

Pendal open to more acquisitions

KANIKA SOOD  |  FRIDAY, 23 JUL 2021
... for 52-year-old Virginia-based manager which was owned by management and majority shareholder BrightSphere Investment Group. TSW had about US$23.6 billion in funds under management and generated operating profit of US$20.8 million for the six months ...

Pendal appoints head of product

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
... looking to build its US business. Last month, it announced plans to b uy US-based value manager Thompson, Siegel & Walmsley (TSW) for US$320 million ($414 million). TSW is headquartered in Richmond, Virginia and runs primarily in long-only equities with ...

Pendal to acquire US firm, profit climbs

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
Pendal Group has announced its plans to acquire US-based investment firm Thompson, Siegel & Walmsley (TSW) as profit rose 8%, according to its half-year results. Pendal will purchase TSW for US$320 million ($414 million) which represents 7.6x the first ...
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