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Perpetual Limited

( ASX:PPT ) - Diversified Financials

News

Brokers Want More Evidence Of Growth At Perpetual

Perpetual (PPT) reported funds under management (FUM) ended the September quarter at $28.4bn, revealing outflows of $1bn in Australian equities from the institutional channel and $400m in inflows from the intermediary channel. The company also confirmed it has obtained a new $1bn institutional client mandate to manage Australian equities which is expected to fund the second quarter.

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