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Perpetual Limited (ASX:PPT)

ALERT: Price-sensitive ASX Announcement for PPT
Current share price for PPT : $19.280 -1.18 (-5.77%)+
Announcement
Release
22 Jul 2025 9:06AM
Price at Release
$20.460
Full Release
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Summary
Perpetual Limited reported its fourth quarter FY25 business update, highlighting a 2.5% increase in Assets Under Management (AUM) to approximately A$226.8 billion, driven by positive market movements and strategic mandates. The company saw growth across its Corporate Trust and Wealth Management sectors, with Barrow Hanley and other boutiques performing well despite market challenges. J O Hambro Capital Management continues to face outflows, which has led to plans for rejuvenation. The company is also pursuing the sale of its Wealth Management business and has achieved significant cost savings through its simplification program.
Key Points
  • Perpetual Limited released its Q4 FY25 business update for the period ending 30 June 2025.
  • Assets Under Management (AUM) increased by 2.5% to approximately A$226.8 billion.
  • Funds Under Administration (FUA) grew in Corporate Trust and Wealth Management.
  • Barrow Hanley and other Perpetual boutiques reported strong quarters, with Barrow Hanley benefiting from significant institutional mandates.
  • J O Hambro Capital Management faced further outflows, prompting plans for reinvigoration.
  • AUM growth was supported by favourable market movements and product innovation initiatives.
  • Perpetual's simplification program achieved A$30 million in cost savings, with a target of A$70 - A$80 million by 2027.
  • Perpetual is pursuing the sale of its Wealth Management business.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.