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Morningstar is confident that if Perpetual achieves strong fund performance, it will be able to recover its share price and reassure investors’ doubt over the Pendal merger. ....
It’s been an action-packed morning in the funds management sector, as GQG squares up against Regal while Perpetual suffers further fund redemptions. ....
Perpetual small-cap manager, Jack Collopy, is to depart the asset manager after more than 20 years and the firm has appointed two co-portfolio managers to take over. ....