Perpetual (ASX:PPT) logs 6% assets under management growth in March quarter

Perpetual reported a 6% increase in assets under management, reaching $227.4 billion by March 31, up from $213.9 billion in December 2023.

Despite a net outflow of $5.2 billion, positive market and currency movements drove the growth.

CEO Rob Adams noted progress in integrating Pendal Group, aiming to achieve $80 million in synergies by January 2025, ahead of schedule.