Perpetual Ltd
PPT: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$49.40 | Cccxtz | Bxmswscx |
Perpetual Picks Up Underinvested, Quality Managers for Growth: Now Its Down to Execution
Business Strategy and Outlook
Perpetual’s struggling investment segment is set to get a boost from the recent acquisitions of Barrow Hanley and Trillium. It is also addressing disappointing earnings in its core equity strategies by also expanding its private segment via acquisitions and attracting new advisors and its trust segment, and diversifying within each segment.