Effective on or around 23 January 2023, Perpetual Limited (Perpetual) will acquire Pendal Group Limited (Pendal) by way of a scheme of arrangement. As part of this arrangement, Pendal Fund Services Limited, Pendal Institutional Limited and J O Hambro Capital Management Limited (JOHCM) will become wholly owned subsidiaries of Perpetual Limited but will continue to operate in the same way they have always done in the management of your money.
Who is Perpetual?
Perpetual is an ASX-listed, diversified financial services company which has been serving clients since 1886. Perpetual is one of Australia’s largest wealth managers, an expert adviser to high net-worth individuals, families and businesses, and a leading provider of corporate trustee services, with offices across Australia, Asia, Europe and the US.
What does this change mean?
There are no changes in relation to your investment. Pendal’s investment team independence and its Pendal, J O Hambro and Regnan brands will be retained. There will also be no change to the reporting you receive on your investment or the way you access information.
What do you need to do?
You will not have to do anything as a result of the change in ownership.
If you have any questions or wish to find out more, contact our Investor services team on 1300 346 821.