Perpetual hit by $7.8bn net outflows in Q2

Perpetual saw $7.8 billion in net outflows from its asset management business, while it also gave an update on the progress of the sale of its wealth management business.

- Eliza Bavin

Perpetual saw a “mixed” performance in the second quarter of FY26, according to chief executive Bernard Reilly⁰¹.

“Corporate trust performed strongly across all three of its segments, asset management was impacted by net outflows and wealth management was stable despite the ongoing sale process for the business,” Reilly said.

Corporate trust’s total funds under administration (FUA) grew to $1.31 trillion as of 31 December 2025, up 2.1% on the September quarter.