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
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Last
$3.49 |
Change
0.010(0.29%) |
Mkt cap ! $2.340B | |||
| Open | High | Low | Value | Volume |
| $3.47 | $3.49 | $3.44 | $24.22M | 6.965M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 89566 | $3.49 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 40371 | 8 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |