Perpetual posts solid Q1 FY26 business update as AUM rises

Perpetual's Q1 FY26 business update reveals higher AUM and business line growth.

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Key points
  • Perpetual increased its assets under management (AUM) by 2.3% to $232.0 billion, alongside growth in its Corporate Trust and Wealth Management divisions, aided by positive market trends and new product offerings.
  • The company launched its third active ETF, the Diversified Income Active ETF (ASX: DIFF), and is progressing with the sale of its Wealth Management business, while continuing to expand its digital and markets segments.
  • Looking ahead, Perpetual focuses on further product innovation and capacity building, with an emphasis on continuous growth in both domestic and international markets, despite its shares remaining flat over the past year compared to the ASX 200's 8% rise.

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.

A smartly-dressed businesswoman walks outside while making a trade on her mobile phone.

Image source: Getty Images

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.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

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