ASX:PPTCapital Markets
Perpetual (ASX:PPT): Assessing Fair Value After Rising AUM and Wealth Business Sale Progress
Perpetual (ASX:PPT) saw total assets under management rise by 2.3%, even as net outflows and currency headwinds weighed on results. The company’s ongoing wealth business sale also remains in focus for investors.
See our latest analysis for Perpetual.
Despite resilient operating updates, Perpetual’s share price recently slipped to $19.30 after some short-term weakness, with a 7.7% drop over the past week that offset modest gains posted earlier in the month. Still, the longer-term total...