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Perpetual Limited ( (AU:PPT) ) has shared an announcement.
Perpetual Limited’s third quarter FY25 business update reveals a 4% decrease in Asset Management AUM to A$221 billion, driven by net outflows and currency movements. Despite challenges in the asset management sector, the company reported growth in its Corporate Trust and Wealth Management divisions, with Corporate Trust contributing significantly to earnings diversification and Wealth Management achieving A$0.9 billion in net inflows.
More about Perpetual Limited
Perpetual Limited is a financial services company operating in the asset management, corporate trust, and wealth management sectors. It provides a range of services including asset management, funds under administration, and wealth management solutions, with a focus on delivering robust investment performance and diversified earnings.
YTD Price Performance: -15.64%
Average Trading Volume: 270
Technical Sentiment Signal: Buy
Current Market Cap: €1.09B
Find detailed analytics on PPT stock on TipRanks’ Stock Analysis page.