Perpetual Reports Mixed Q2 FY26 as Outflows Hit Asset Management but Corporate Trust Grows

The latest update is out from Perpetual Limited ( (AU:PPT) ).

Perpetual Limited reported a mixed second quarter for FY26, with total assets under management falling 1.9% to A$227.5 billion as at 31 December 2025, driven by A$7.8 billion in net outflows and adverse currency movements, partly offset by market gains. Asset Management performance was pressured by outflows at Barrow Hanley, including a lost global mandate and weakness in US equities strategies, and continued but moderating outflows at UK-based J O Hambro, although new Australian products such as the Perpetual Diversified Income Active ETF and a successful capital raise by the Perpetual Credit Income Trust helped generate positive flows domestically. Corporate Trust delivered growth and remains an investment focus for the group, while Wealth Management was stable operationally despite an ongoing sale process, underscoring a strategic reshaping of the business mix and highlighting differing momentum across its core divisions.

The most recent analyst rating on (AU:PPT) stock is a Hold with a A$20.60 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.

More about Perpetual Limited

Perpetual Limited is an Australian-listed diversified financial services group operating across asset management, corporate trust and wealth management. Through its Australian and international boutiques, including J O Hambro in the UK and Barrow Hanley and TSW in the US, the company offers investment management products such as active ETFs, credit income trusts and equities strategies to institutional and retail clients in Australia and globally.

Average Trading Volume: 193,867

Technical Sentiment Signal: Hold

Current Market Cap: A$2.15B

Learn more about PPT stock on TipRanks’ Stock Analysis page.