Perennial Value's website says they manage $5.0bn. https://perennial.net.au/our-story/
Wholesale funds management isn't as big an earner as the administration part of the business.
I would expect there are also perceived and very real benefits beyond the loss in FUMA - eg management time and focus, on costs etc.
News: IFL IOOF Divests Holding In Perennial Value Management, page-3
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IFL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.36 |
Change
0.070(3.06%) |
Mkt cap ! $1.582B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.38 | $2.32 | $3.518M | 1.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 77309 | $2.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 7808 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IFL (ASX) Chart |