Pendal Group Reported Funds Under Management For December Quarter

  • Jan 14, 2020 AEDT
  • Team Kalkine

Pendal Group Limited (ASX: PDL) has provided update on the funds under management for the quarter ended 31 December 2019. During the period, net outflows were recorded at $1.3 billion.

  • Total funds under management (FUM) for the quarter were $101.4 billion, up 1% or $1 billion.
  • Annualised effect of the quarterly net outflows on fee income is a decrease of $8.9 million.
  • J O Hambro Capital Management’s FUM increased $1.1 billion.

By 12:56 PM AEDT, PDL was trading at $8.81, down by 2.0% from the previous close.  



All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK