Investment firm Perpetual reported a 1% increase in asset management to $213.9 billion for the second quarter ended Dec. 31, 2023.
The corporate trust and wealth management segments exhibited continued expansion. Barrow Hanley contributed $300,000 in net inflows.
Investment performance across the group remained robust, with 78% of strategies outperforming benchmarks over three years.
The integration of Pendal Group is ahead of schedule.