Soul Patts’ Rob Millner squares the circle as he comes for Perpetual

It’s hard to resist the idea that this week’s $3 billion bid for the storied fund manager doesn’t come tinged with some layer of revenge.

Jemima WhyteSenior reporter

Dec 8, 2023 – 2.45pm

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He gets a combination of money and vengeance.”

That’s Mark Carnegie’s take on the move made by Robert Millner, chairman of investment house Washington H Soul Pattinson, on Perpetual, the storied but embattled funds management and wealth and corporate trust business.

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Jemima WhyteSenior reporterJemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years.