The Perpetual Ltd (ASX: PPT) share price is in focus today after the company reported a lift in assets under management (AUM) to $232.0 billion and continued growth across its Asset Management, Corporate Trust, and Wealth Management businesses in the first quarter of FY26.
What did Perpetual report?
- Total group AUM rose 2.3% to $232.0 billion as at 30 September 2025, up from $226.8 billion at 30 June 2025
- Corporate Trust funds under administration reached $1.29 trillion, increasing by 1.2% over the quarter
- Wealth Management funds under advice grew to $21.9 billion, a 2% rise on the previous quarter
- Positive market movements and product innovation contributed to higher average AUM of $230.2 billion
- Key asset management boutiques, such as Barrow Hanley and Perpetual Asset Management, saw net inflows and positive market momentum
What else do investors need to know?
Perpetual launched its third active exchange traded fund, the Diversified Income Active ETF (ASX: DIFF), which has attracted early interest. Offshore, a new CEO has joined J O Hambro, with a focus on revitalising that business.
The company is advancing the sale of its Wealth Management business. Despite this ongoing process, Wealth Management delivered growth in funds under advice during the quarter. In Corporate Trust, new clients were secured by the Digital and Markets segment, underlining the group's efforts to diversify and grow.
What did Perpetual management say?
Commenting on the result, Chief Executive Officer and Managing Director Bernard Reilly said:
It was a positive quarter for the business, with each of our three business lines reporting growth in assets managed, assets under advice or administration, largely benefiting from continued growth in the markets in which they operate.
What's next for Perpetual?
Perpetual will continue to focus on product innovation and expanding its capabilities, with ongoing interest in new offerings like the DIFF ETF. The company remains committed to providing updates on the proposed sale of its Wealth Management business in line with continuous disclosure obligations.
Management is focused on supporting growth across all business lines, including Corporate Trust services and digital expansion, as well as strengthening investment performance in both domestic and offshore markets.
Perpetual share price snapshot
Perpetual shares are flat over the past year, trailing the S&P/ASX 200 Index (ASX: XJO) which has lifted around 8% over the same period.
