Perpetual Ltd
PPT: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.$ | LOCK|D? | LOCK|c&@N?V? |
Perpetual: Earnings Turnaround Elusive
Most of our covered ASX-listed asset managers, including Perpetual, GQG, and Magellan, have underperformed the S&P/ASX 200 Total Return Index since the start of 2025. The only exception is L1 Group, which recently completed the Platinum acquisition.
