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Perpetual Limited

ASX Announcements

Becoming a substantial holder for HSN

Becoming a substantial holder

  • Nov 19, 2024
  • 11 pages

Change in substantial holding for IFM

Change in substantial holding

  • Nov 18, 2024
  • 7 pages

Ceasing to be a substantial holder for SIG

Ceasing to be a substantial holder

  • Nov 13, 2024
  • 5 pages

Becoming a substantial holder for KOV

Becoming a substantial holder

  • Nov 12, 2024
  • 5 pages

Notification regarding unquoted securities - PPT

Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)

  • Nov 12, 2024
  • 6 pages

View all PPT announcements

Yesterday

The activists are targeting News Corp’s dual-voting share structure, saying battle for succession among Rupert Murdoch’s children has left the media company at risk.

Why Perpetual wants to maintain Murdoch control at News Corp

News Corp shareholders have been asked to vote on whether the company’s dual-class share structure should be collapsed this week.

  • Anthony Macdonald

This Month

Chris Kourtis, of Ellerston Capital, says things will improve at embattled fund manager Perpetual.

Eleven stock tips from Sohn to get you through 2025

Presenting in Adelaide on Friday, top investors pitched their ideas for how to make big returns from the sharemarket over the next 12 months.

  • Joshua Peach, Jonathan Shapiro and Daniel Arbon

October

BHP and ANZ director Christine O’Reilly; Macquarie Group director Rebecca McGrath and AUB chair and CBA director Peter Harmer.

2024’s most powerful and influential directors revealed

As AGM season gathers pace, the BOSS index of the country’s most powerful and influential directors reveals a new cohort rising through the ranks.

  • Patrick Durkin
Perpetual’s outgoing chairman Tony D’Aloisio with the company’s new chief executive Bernard Reilly at its annual meeting in Sydney.

Perpetual board fails to show the slightest contrition for failures

There have been plenty of governance fails among ASX-listed companies. But the speed and scale of wealth destruction at Perpetual ranks it among the worst.

  • Jonathan Shapiro
Perpetual Chairman Tony D’Aloisio with Perpetual CEO Bernard Reilly.

Perpetual investors deliver massive rebuke, 88pc vote against pay plan

The investment management giant has been hit with big outflows, but had proposed paying huge bonuses to retain key staff.

  • Jonathan Shapiro
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Perpetual chairman Tony D’Aloisio.

Perpetual dissident fails at AGM hurdle

There’s always one every year: an AGM that’s less about its resolutions than it is about the salvaging of grievances.

  • Myriam Robin
Bernard Reilly is in the hotseat at Perpetual.

New Perpetual CEO vows to take knife to costs

New boss Bernard Reilly agrees with shareholders who have recommended he cut costs as the firm prepares for life as a slimmed-down asset manager.

  • Jonathan Shapiro

September

Rob Adams.

Perpetual faces investor backlash over bonuses with ‘no justification’

Proxy advisory firm Institutional Shareholder Services, which had previously been supportive of the fund manager, is urging a vote against executive pay and board members.

  • Jonathan Shapiro
Star Entertainment boss Steve McCann had very little good news for investors in his one-hour presentation on Thursday, his first as CEO.

Star needs new friends to stop the bleeding

Where will Star Entertainment’s shares trade? Surely, it’s going to be ugly on Friday morning.

  • Anthony Macdonald
Perpetual chairman Tony D’Aloisio has called in Morrow Sodali to help prep for the October AGM.

Perpetual orders temperature checks on register ahead of AGM

Hiring firms of Morrow Sodali’s ilk ahead of a shareholder vote can either be stock standard procedure or a stress response from an under-pressure board.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Rob Ferguson, the former CEO of BT Australia.

Corporate Australia mourns former BT boss Rob Ferguson

His Bankers Trust colleague Chris Corrigan remembered him as “an individual thinker with an inquiring mind, who never lost his curiosity about how the world works”.

  • Updated
  • Joshua Peach

August

Perpetual chief executive Rob Adams handed down his final result as the fund manager’s CEO.

Perpetual ready to sprinkle riches; red flags at Cettire

Wesfarmers and Qantas headlined the final Thursday of earnings season, but it was Perpetual and Cettire’s results that caught our eye.

  • James Thomson and Anthony Macdonald
Perpetual’s outgoing chief executive Rob Adams.

Where’s the premium? UBS’ Sujit Dey questions Perpetual’s KKR deal

The leftover funds management business is worth about $12.83 a share, going off eight times $183 million in after-tax profit on Dey’s count.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Perpetual chief executive Rob Adams will front investors on Thursday. He navigated the fund manager through several acquisitions, including Pendal.

Perpetual takes ‘embarrassing’ $547m write-down on Pendal funds

The firm, which is in the midst of selling a large part of itself to KKR, disclosed the write-down just four days before it delivers a full-year financial update.

  • Jonathan Shapiro
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Perpetual’s new CEO; Domino’s boss scrambles; Coffee boosts Breville

Read everything that’s happened in the news so far today.

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Bernard Reilly is new chief executive of Perpetual.

New Perpetual CEO hired to take ‘legacy into the next phase’

The company has hired the former head of a $300 billion super fund giant, Bernard Reilly, to manage the break-up of the 138-year-old firm.

  • Jonathan Shapiro

July

Eric Gao, founder and CEO of Boman Group is targeting $100m for a new fund.

Rich Chinese investors join $1b hunt for Aussie VC funds

A fund manager for rich Chinese investors is trying to raise $100m for venture capital investments, joining a crowd of operators trying to raise over $1 billion.

  • Yolanda Redrup and Paul Smith
Perpetual chief executive Rob Adams wants to break up the business and focus on funds management.

Perpetual clients pull almost $8b from funds house before KKR sale

Almost 4 per cent of all assets were yanked from the storied asset manager, which is preparing to offload its more successful wealth management division.

  • Updated
  • Kylar Loussikian and Jonathan Shapiro
Perpetual’s credit fund has returned more than 10 per cent to investors in the past year.

Perpetual’s $100m private debt pitch shies away from real estate

The fund manager is beefing up its $450 million listed credit fund, capitalising on a 10.2 per cent 12-month return.

  • Aaron Weinman

June

Michael Ullmer (left), the outgoing chairman of Lendlease, and chief executive Tony Lombardo.

Woolworths, CSL among ASX giants that should sell foreign assets

A wave of Australian companies are ditching their overseas businesses to bring capital back to Australia. MST Marquee says there are more that should do the same.

  • Alex Gluyas

Original URL: https://www.afr.com/company/ppt-16y