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

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

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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 Whyte
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. Email Jemima at jemima.whyte@afr.com

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Original URL: https://www.afr.com/companies/financial-services/soul-patts-rob-millner-squares-the-circle-as-he-comes-for-perpetual-20231206-p5epmb