ASX Announcement
First Quarter 2019 funds under management update
17 October 2018
Perpetual Limited (Perpetual) today announced Perpetual Investments' funds under management (FUM) as at 30 September 2018 were $30.2 billion1, a decrease of $0.6 billion on the prior quarter. Net outflows for the quarter were $1.0 billion. Total average FUM for the three months to 30 September 2018 were $30.8 billion.
The decrease in FUM of $0.6 billion over the three months to 30 September 2018 was attributable to:
• $1.0 billion of net outflows comprising:
o $0.9 billion of net outflows from Australian Equities across all channels;
o $0.1 billion of net outflows from Cash and Fixed Income primarily from the Institutional channel;
• Market appreciation of $0.4 billion.
Appendix
▪ FUM and flows data by channel, asset class and strategy.
For more information please contact:
Investors: | Media: |
Andrew Ehlich | Kristen Allen |
General Manager, IR & Corporate Finance | General Manager, Corporate Communications |
Perpetual Limited | Perpetual Limited |
Tel: +61 2 9229 9081 | Tel: +61 412 759 753 |
About Perpetual |
Perpetual is an independent financial services group operating in funds management, financial advisory and trustee services. Our origin as a trustee company, coupled with our strong track record of investment performance, has created our reputation as one of the strongest brands in financial services in Australia. For further information, go towww.perpetual.com.au
Appendix
1 All figures in this update are in Australian dollars and are rounded.
Perpetual Limited ABN 86 000 431 827
Angel Place, Level 18, 123 Pitt Street Sydney NSW 2000, Australia
Tel +612 9229 9000
Fax +612 8256 1494
FUM and flows by channel
Channel (A$ billion) | 30 Jun 2018 Net Flows Other2 30 Sep 2018 |
Retail Intermediary Institutional Listed Investment Company | 5.3 15.5 9.7 0.3 (0.1) (0.2) (0.7) - 0.1 5.3 0.2 15.5 0.1 9.1 - 0.3 |
Total | 30.8 (1.0) 0.4 30.2 |
FUM and flows by asset class
Asset Class (A$ billion) | 30 Jun 2018 Net Flows Other2 30 Sep 2018 |
Australian Equities Global Equities Listed Investment Company | 20.9 1.3 0.3 (0.9) 0.3 20.3 - - 0.2 1.5 - 0.3 |
Total equities | 22.5 (0.9) 0.5 22.1 |
Cash & Fixed Income Other | 7.3 1.0 (0.1) -(0.1) 7.1 - 1.0 |
Total: all asset classes | 30.8 (1.0) 0.4 30.2 |
2 '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 industry superannuation funds and clients who invest large sums.
Australian Equities
FUM by strategy | Intermediary | Institutional | Total FUM |
30 Sep 2018 (A$ billion) | & Retail | ||
Concentrated | 1.2 | 5.7 | 6.9 |
Industrials | 5.0 | - | 5.0 |
Ordinaries | 2.3 | - | 2.3 |
Share-Plus | 1.4 | - | 1.4 |
Ethical | 1.2 | 0.1 | 1.3 |
Smaller Companies | 0.8 | 0.4 | 1.2 |
Other | 1.6 | 0.6 | 2.2 |
Total Australian Equities | 13.5 | 6.8 | 20.3 |
Cash and Fixed Income | |||
FUM by strategy | Intermediary | Institutional | Total FUM |
30 Sep 2018 (A$ billion) | & Retail | ||
Cash / Enhanced Cash | 1.0 | 2.1 | 3.1 |
Credit / Fixed Income | 3.6 | 0.1 | 3.7 |
Sub-total | 4.6 | 2.2 | 6.8 |
Exact Market Cash | 0.3 | ||
Total | 7.1 | ||
Tel +612 9229 9000 | |||
Fax +612 8256 1494 |
Perpetual Limited ABN 86 000 431 827
Angel Place, Level 18, 123 Pitt Street Sydney NSW 2000, Australia
Attachments
- Original document
- Permalink
Disclaimer
Perpetual Limited published this content on 17 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 October 2018 00:42:01 UTC