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Pendal Group Provides Analyst Presentation on FY 2021 Financial Results

05 Nov 2021  |  09:16:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: 2021 Profit Announcement- Analyst Presentation

Pendal Group provided analyst presentation on FY 2021 financial results. It reported FUM growth of 51% supported by TSW acquisition, higher markets, investment performance and positive currency impact. FY 2021 fixed costs are up $15m in line with guidance. Full year dividend of 41.0 cps is up 11% on FY 2020 represents an 89% payout ratio.

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