Pendal Group Ltd (ASX:PDL) is the new BT Investment Management. Having moved away from Westpac Banking Group (ASX: WBC), Pendal is now one of Australia’s largest fund managers, with more than $100 billion invested across its business.
The S&P/ASX200 (INDEXASX: XJO) rose 0.3% on Wednesday as the Megaport Ltd (ASX: MP1) share price dived and Pilbara Minerals Ltd (ASX:PLS) share price rises.
The S&P/ASX 200 (ASX: XJO) finished in the red again on Tuesday as Pendal (ASX:PDL) and Atlas Arteria (ASX:ALX) made headlines.
It was another weak day for the S&P/ASX 200 (ASX: XJO) on Tuesday as Pendal (ASX:PDL) and Iress (ASX:IRE) shares made headlines.
Here are my key investor takeaways from the week that saw the S&P/ASX 200 (INDEXASX:XJO) drifting lower, along with all three US benchmarks.
The S&P/ASX 200 (INDEXASX:XJO) finished 0.5% higher on Friday as GrainCorp (ASX:GNC) and Platinum (ASX:PTM) shares made headlines.
The S&P/ASX 200 (ASX: XJO) gained 0.3% on Monday as Perpetual (ASX:PPT) and Pendal (ASX:PDL) shares were in the news.
The S&P/ASX 200 (ASX: XJO) finished up another 0.3% on Wednesday as Core Lithium (ASX:CXO) and Sigma (ASX:SIG) shares were in the news.
Australian fund manager Pendal Group Ltd (ASX: PDL) has seen its share price sink 18% today after the business announced funds under management (FUM) went backwards in the December quarter.
The share price of fund manager Pendal Group Ltd (ASX: PDL) will be on watch today after the business provided its FY21 results.
