ASX:PPT

6 stories mentioning ASX:PPT

Every FINWIRES story that references ASX:PPT, newest first.

Australian Shares Continue to Retreat; nib Agrees to Sell ANZ Travel Insurance Businesses to Allianz Group Unit

Australian shares continued their retreat on Friday as the prospects of a peace agreement between the US and Iran seemed distant.The S&P/ASX 200 Index dropped 0.7%, or 61 points, to close at 8,625.10.Brent crude oil futures were trading at around $95 per barrel as traders await more clarity on US-Iran talks.The Hezbollah militia rejected a new ceasefire in Lebanon, and Israel said it would not withdraw troops from the country, Reuters reported.The iron ore price in Singapore reached $100.85 per tonne, a three-month low.On the domestic front, the number of seasonally adjusted filled jobs in Australia rose 0.6% to 16.2 million in the March quarter, following a 0.3% increase in the December 2025 quarter, the Australian Bureau of Statistics said. Total jobs rose 0.7% to 16.5 million, and job vacancies increased 5.2% to 344,000, while secondary jobs increased 0.6% to 1.1 million in the March quarter.In company news, nib (ASX:NHF) agreed to sell its Australian and New Zealand travel insurance businesses, excluding World Nomads, to Allianz Partners, an Allianz Group subsidiary, for up to AU$50 million. The company also partnered with Allianz Partners for the distribution of nib-branded travel insurance products to its customers in Australia and New Zealand.Resolute Mining (ASX:RSG) said full-year 2026 production at its Syama Gold Mine in Mali is now expected to be around the lower end of its guidance range of 195,000 to 210,000 ounces due to logistical and supply chain disruptions caused by road insecurity in parts of Mali. The company said second-quarter gold production at Syama is expected to be about 30,000 ounces, compared with its original forecast of 40,000 to 45,000 ounces.Lastly, Perpetual (ASX:PPT) agreed to acquire 70% of the shares in financial technology firm Interfi Systems. The sale and purchase agreement also comes with an option to acquire the remaining 30% of Interfi Systems' shares by fiscal 2031.

ASX 200ASX:NHFASX:PPTASX:RSG

Asia10d ago

Perpetual to Acquire 70% Stake in Financial Technology Firm

Perpetual (ASX:PPT) agreed to acquire 70% of the shares in financial technology firm Interfi Systems, according to a Friday filing with the Australian bourse.The sale and purchase agreement also comes with an option to acquire the remaining 30% of Interfi Systems' shares by fiscal 2031, the filing said.The transaction, to be funded from internally generated cashflows, is expected to be completed before the end of June, per the filing.Financial terms were not disclosed.

ASX:PPT

Asia21d ago

Credit Corp Group Taps Perpetual's Greg Cooper as Board Chair

Credit Corp Group (ASX:CCP) appointed Greg Cooper to succeed Eric Dodd as board chair, effective Aug. 5, according to a Monday filing with the Australian bourse.Cooper, currently the chair of Perpetual (ASX:PPT), will join Credit Corp's board as a non-executive director on July 1 before assuming the chair role, per the filing.

ASX:CCPASX:PPT

Asia34d ago

Vista Group International Says Perpetual Lifts Stake

Vista Group International (ASX:VGL, NZE:VGL) received notice that Perpetual (ASX:PPT) and its subsidiaries increased their holdings in the company to 6.1014% from 5.094%, according to a Tuesday filing with the New Zealand bourse.Perpetual now owns 14.6 million shares in the company, the filing said.

ASX:PPTASX:VGLNZE:VGL

Asia47d ago

Downer EDI Says Perpetual Ceases to be a Substantial Shareholder

Downer EDI (ASX:DOW, NZE:DOW) received notice that Perpetual (ASX:PPT) and its affiliated entities are no longer substantial holders of the company from April 24, according to a Wednesday filing with the New Zealand bourse.Perpetual and its affiliated entities became a substantial holder of the company on Feb. 7, 2025, with a 5.537% total voting power, an earlier filing showed.

ASX:DOWASX:PPTNZE:DOW

Wire54d ago

Perpetual Posts Nearly 4% Decline in Fiscal Q3 Assets Under Management

Perpetual (ASX:PPT) said total assets under management (AUM) fell 3.6% to AU$219.2 billion as of March 31 from AU$227.5 billion as of Dec. 31, 2025, according to a Wednesday Australian bourse filing.The decrease was due to unfavorable currency movements of AU$3.6 billion, net outflows of AU$2.8 billion, and negative market movements of AU$1.9 billion.The company's J O Hambro Capital Management's AUM saw the biggest fall, with a nearly 11% decline compared with the December quarter.The company's average AUM was lower at AU$225.3 billion in the March quarter, compared with AU$230.8 billion in the December quarter, the filing added.Corporate Trust's total funds under administration (FUA) grew to AU$1.32 trillion as of March 31, up 0.3% on the December quarter, while Wealth Management's total FUA fell 4% to AU$21.1 billion, impacted by negative market movements of AU$800 million, with net flows flat.Perpetual reconfirmed its total expense growth guidance for fiscal 2026 of about 1% to 2% for the year.

ASX:PPT