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Pendal FUM drops $12bn

Pendal Group has reported its funds under management dropped over 11% in the June quarter.

Pendal groupAlternative durationNick goodGlobal opportunitiesInternational select

Client caution drives Pendal fund redemptions

Pendal Group’s funds under management have fallen by $13.9 billion in the June quarter due to fund redemptions driven by client caution and sustained market challenges.

Siegel walmsleyPendal groupAustralian securities exchangeNick goodGlobal opportunitiesInternational selectAlternative durationNick good

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