Business
ASX to fall; Tech stocks lead Wall St to new highs – The Australian Financial Review
The Australian sharemarket is expected to open weaker despite US stocks extending their record breaking run. Fortescue first half profit to be as high as $US4.1…
Perpetual assets under management were $89.2 billion at the end of December and its investment performance has brightened with the market rotation into value stocks.
The AUM boost reflects the purchase of the Barrow Hanley, Mewhinney & Strauss business.
Rob Adams. Peter Braig
Perpetual Asset Management Australias AUM was $22.7 billion, down 2 per cent for the quarter following outflows attributed to a low-margin enhanced cash mandate. However, its Australian equities strategies performed strongly…
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