Morningstar | Pendal’s Disappointing 1H19 Prompts a Major FVE Reduction
Pendal Group is a pure-play active fund manager with a strong investment performance record. The asset manager boasts a diverse breadth of investment opportunities which appeal to a broader set of investors, thereby providing a differentiating edge over its peers. Geographic diversification increased significantly following the acquisition of JO Hambro Capital Management in the U.K., providing significantly larger growth opportunities from offshore markets. Meaningful operating leverage will see operating margins strengthen as additional fee income flows through to the bottom line. Stock market performance influences net flows and funds under management, directly affecting revenue and the share price.Pendal Group is engaged in the provision of investment management services. Co.'s operating segments comprise the investment management business in Australia (BTIM Australia) and outside of Australia (BTIM International). BTIM International comprises the BTIM (UK) Limited group of companies.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.