Company News Summary
Pendal Group Announces Funds Under Management for Quarter Ended 31 December 2021
14 Jan 2022 | 09:11:00 | Associate analysts | Increase | Decrease | 
Original announcement: Funds under Management for quarter ended 31 December 2021
Pendal Group announced its funds under management (FUM) for the December quarter at $135.7bn. The performance fees will contribute $22.4m to its Underlying Profit After Tax and Statutory Net Profit After Tax for the current financial year ending 30 September 2022. Its Australia's annual performance fees use a 30 June performance period and are accounted for in the second half of FY 2022.
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