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Perpetual Limited — Capital/Financing Update 2019
Oct 10, 2019
10538_rns_2019-10-10_2816d394-7c0c-4c89-870d-58f516ba3305.pdf
Capital/Financing Update
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ASX Announcement
Perpetual Limited ABN 86 000 431 827
11 October 2019
Angel Place, Level 18, 123 Pitt Street Sydney NSW 2000, Australia
Phone +61 9229 9000 www.perpetual.com.au
First Quarter 2020 funds under management update
Perpetual Limited (Perpetual) today announced Perpetual Investments’ funds under management (FUM) as at 30 September 2019 of $26.1 billion a decrease of $1.1 billion on the prior quarter. Total average FUM for the three months to 30 September 2019 were $26.6 billion.
The $1.1 billion decrease comprised $1.8 billion of net outflows mainly from Australian Equities; offset by market appreciation of $0.7 billion.
Appendix
- FUM and flows data by channel, asset class and strategy
For more information please contact:
Investors : Media : Andrew Ehlich Sue I Ong General Manager, IR & Corporate Finance Manager, Corporate Communications Perpetual Limited Perpetual Limited Tel: +61 2 9229 9081 Tel: +61 0466 526 023 [email protected] [email protected]
About Perpetual
Perpetual is an independent financial services group operating in funds management, financial advisory and trustee services. Our origin as a trustee company, coupled with our strong track record of investment performance, has created our reputation as one of the strongest brands in financial services in Australia. For further information, go to www.perpetual.com.au
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Appendix
FUM and flows by channel
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| UM and flows by channel | |
|---|---|
| Channel(A$ billion) | 30 Jun 2019 Net Flows Other1 30 Sept 2019 |
| Retail Intermediary Institutional Listed Investment vehicles Total |
4.9 (0.2) 0.2 4.9 14.5 (0.4) 0.3 14.4 7.0 (1.2) 0.2 6.0 0.8 - - 0.8 27.2 (1.8) 0.7 26.1 |
FUM and flows by asset class
| UM and flows by asset class | |
|---|---|
| Asset Class(A$ billion) | 30 Jun 2019 Net Flows Other1 30 Sept 2019 |
| Australian Equities Global Equities Total equities Cash & Fixed Income Other Total: all asset classes |
17.5 (1.8) 0.6 16.3 1.3 - (0.1) 1.2 18.7 (1.8) 0.5 17.5 7.5 - 0.2 7.7 0.9 - - 0.9 27.2 (1.8) 0.7 26.1 |
Australian Equities
| Australian Equities | |
|---|---|
| FUM by strategy 30 Sept 2019 (A$ billion) |
Intermediary & Retail Institutional Listed Investment vehicles Total FUM |
| Concentrated Industrials Ordinaries Share-Plus Ethical Smaller Companies Other Total Australian Equities |
1.0 3.5 - 4.5 4.5 - - 4.5 2.1 - - 2.1 1.1 - - 1.1 1.0 - - 1.0 0.7 0.1 - 0.8 1.5 0.4 0.4 2.3 11.9 4.0 0.4 16.3 |
Cash and Fixed Income
| Cash and Fixed Income | |
|---|---|
| FUM by strategy 30 Sept 2019 (A$ billion) |
Intermediary & Retail Institutional Listed Investment vehicles Total FUM |
| Cash / Enhanced Cash Credit / Fixed Income Sub-total Exact Market Cash Total |
1.0 1.8 - 2.8 4.2 0.1 0.4 4.7 5.2 1.9 0.4 7.5 0.2 7.7 |
1 ‘Other’ includes changes in market value of assets, income, reinvestments, distributions, and asset class rebalancing within the Group’s diversified funds.
Channel definitions: Retail includes FUM from advisers and individual clients who invest with Perpetual directly; Intermediary includes FUM from financial advisers who invest with Perpetual via external platform providers; Institutional includes FUM from industry superannuation funds and clients who invest large sums directly and under advisory mandates and separately managed accounts. Listed Investment vehicles FUM includes the net tangible assets of Perpetual Equity Investment Company (“PIC”) and the Perpetual Credit Income Trust (“PCI”) managed by Perpetual Investments.
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