PPT 0.24% $20.65 perpetual limited

Is it air propelling the funds management businesses?BTT have...

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    Is it air propelling the funds management businesses?

    BTT have reported qty outflows of 0.7b or -1.6%

    TRG have reported qty outflows of 1.24b or -7%

    Where does that leave the PPT funds? As I expect (excluding the effect of market movements) perhaps marginally up? And nothing of the sort the market has apparently priced in. Did the analysts misinterpret the money flows into mutual funds in the US to indicate money flowing back into traditional equity funds? or is it as I suspect, just that the mutual funds went and bought a bunch of market ETFs for their equity exposure?

    I can't wait for the qtly :D Make or break time for me.
 
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