By Digifin Pty Ltd · About this coverage
Key Points
- Asset Management AUM of A$212.0 billion, down 5.5% over the quarter
- Net outflows of A$9.6 billion, or A$8.4 billion excluding cash
- Corporate Trust FUA up 2.8% to a record A$1.4 trillion
- Wealth Management sale to Bain Capital expected to complete in the final quarter of 2026
About Perpetual (ASX:PPT)
Perpetual Limited is an ASX-listed financial services company headquartered in Sydney. Its asset management arm operates a group of investment boutiques in Australia, the United States and Europe, and its corporate trust arm provides trustee, securitisation and fund administration services to Australian debt and funds markets. The group manages and administers money on behalf of institutional, intermediary and private clients.
Perpetual (ASX:PPT)'s first-quarter FY27 update shows record Corporate Trust funds under administration offsetting Asset Management outflows, while the sale of Wealth Management to Bain Capital progresses.
Asset Management AUM was A$212.0 billion at 30 September 2026, down 5.5% from A$224.4 billion at 30 June, reflecting net outflows of A$9.6 billion (A$8.4 billion excluding cash), unfavourable currency movements of A$2.4 billion and negative market movements of A$0.4 billion. Barrow Hanley's AUM fell 8.7% to A$82.0 billion on net outflows of A$5.8 billion, concentrated in its US Large Cap Value (A$4.6 billion) and Non-US Value (A$1.1 billion) strategies. Corporate Trust FUA rose 2.8% over the quarter to A$1.4 trillion, with Debt Market Services at A$773.5 billion and Managed Funds Services at A$613.5 billion. Digital and Markets AUA rose 9.5% to A$699.2 billion, including AUA from the acquisition of Interfi Systems. Wealth Management Funds Under Advice remained stable.
Completion of the Wealth Management sale remains subject to conditions precedent, including regulatory and court approvals, and is currently expected in the final quarter of calendar year 2026. Two US ETF launches await regulatory approvals. The release gives no profit figures.
Source: Perpetual Limited (ASX:PPT), 21 October 2026. Summary content supplied by Digifin Pty Ltd.
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