Perpetual Group (PPT) Q1 2026 TU earnings summary

Executive summary

• Achieved growth across all three business lines: Asset Management, Corporate Trust, and Wealth Management, supported by favorable market conditions and product innovation.

• Asset Management benefited from strong global equity markets and reduced net outflows, with new product launches and leadership changes in key boutiques.

• Corporate Trust continued to grow funds under administration, with new client wins in Digital and Markets segments.

• Wealth Management delivered growth in funds under advice despite ongoing sale process.

Financial highlights

• Total Assets Under Management (AUM) reached A$232.0 billion as of 30 September 2025, up 2.3% from A$226.8 billion at 30 June 2025.

• Average AUM for the quarter was A$230.2 billion, higher than A$222.1 billion in the previous quarter.

• Barrow Hanley AUM increased 5.6% to A$88.9 billion, driven by positive market movements and net inflows.

• JOHCM AUM declined 2.8% to A$35.1 billion due to net outflows and negative currency impacts, partially offset by positive markets.

• Corporate Trust FUA grew to A$1.29 trillion, up 1.2% on the June quarter.

• Wealth Management FUA rose 2% to A$21.9 billion, with average FUA up 3% quarter-on-quarter.

Outlook and guidance

• Sale of Wealth Management business is progressing, with updates to be provided as required.

• Continued focus on product innovation and diversification, including new ETF launches and digital services.