The fund manager dealt its way into a corner and is trying to deal its way out. Time spent rustling up interested parties will come to a head later this week.
Perpetual saw $4.3 billion in outflows from its asset management division in the last quarter to 31 December, but market movement meant overall AUM increased.
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Under the early morning sun, Rob Adams pedaled his bike along a familiar path heading toward Treetops Park in Davie. The rhythmic whirl of the wheels beneath him provided a comforting soundtrack. But even in this meditative state, his thoughts were focused elsewhere – on his mother, Jean Adams, who left this world too soon,