Meanwhile, the merits of another merger – last year’s combination of Perpetual and Pendal – is in further doubt after the bulked-up Perpetual revealed worse than expected redemptions in the second quarter.
Loading...
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com