Perpetual (PPT)

Shares / Stock Code

PPT

Stock Exchange / Sharemarket

Australian Securities Exchange

Perpetual Limited (PPT) is a company engaged in offering services such as financial advice, managed investment fund, wealth management, trustee, and family and superannuation management. PPT was listed on the Australian Stock Exchange on the 2nd of November 1988. Its average annual revenue reaches approximately $466 million out of its issued capital of approximately $38 million. Its headquarters is located in Sydney, Australia and to date; around 824 people are employed in the company. Perpetual Limited operates mainly in two business segments: wealth management and corporate trust.

The wealth management business segment of Perpetual Limited operates through the company's subsidiaries that include Personal Private Clients, PI Investment Management and Perpetual Investments.

Personal Private Clients specialises in providing high net worth individuals with financial solutions. The services provided by this business segment include ongoing investment advice and strategic advice management, custodial solutions, DIY super services, estate administration, executorial services, estate planning and trustee services such as charitable trusts.

The PI Investment Management Limited (PIIML) is PPT's global investment manager in London and in Dublin. This business segment gets support from the resources of Australian operation of Perpetual Limited and is divided into three business lines: sales/clients service, support operations and investment management.

The corporate trust business segment is engaged in the provision of fiduciary services that incorporate assets recording and safekeeping as well as transactions as trustees, custodian, agent or registrar for the company's financial and corporate clients.

Perpetual Company History

Perpetual Limited was first founded as Perpetual Trustees Australia Limited in 1886. It was listed on the Australian Stock Exchange in 1963. The Perpetual Executors & Trustees Association of Australia Ltd, Perpetual Trustee Company Ltd and Queensland trustees Ltd founded The Perpetual Trustees group. Trustees W.A joined the group in 1985 and West Australian Trustees in 1989.

Perpetual James Fielding Wholesale Property Income Fund was introduced in 2004. The fund gives investors revelation to both listed and non-listed property sectors within one investment vehicle. Perpetual WealthFocus Term Allocated Pension Plan was formed provide numerous benefits to retirees including social security entitlement’s increase and to have an access to Pension Reasonable Benefit Limit.

Perpetual traded 100% of ASX Perpetual Registrars to Pacific Equity Partners in August 2005. Robert Savage was selected as the company's Chairman in the same month. 50% stake in Perpetual James Fielding was obtained by the company in September 2005 which belongs to its partner Mirvac Limited. Perpetual Trustees Australia Limited altered its name to Perpetual Limited in January 2006.

Wignalls Lenders Mortgage Services was acquired by the company in February 2007. Wignalls used to be a mortgage settlement and processing company. The company introduced capital structured product capital for retail investors.

Perpetual (PPT) Products and Services

Perpetual (PPT) is a financial services institution which provides a variety of fianncial services to individual and corporate cutomers.

  • ASX Perpetual Registrars Limited (subsidiary) Services:
    • Shareholder Registry and related services
  • Perpetual Investment Division Services:
    • Australian and international equities
    • Cash
    • Mortgage funds
    • Rollovers
  • Perpetual Private Client Services:
    • Custodial solutions
    • DIY Super services
    • Estate planning
    • Estate administration
    • Executorial services and trustee services including charitable trusts
    • Ongoing investment advice and management
    • Strategic advice
  • Perpetual (PPT) Personal Financial Services:
    • Corporate and DIY superannuation services
    • Eligible rollover services
    • Estate administration services
    • Financial advice
    • Financial broking
    • Insurance
    • Mortgage finance services
    • Personal asset and portfolio management
    • Property management
    • Retirement administration and trusteeship
    • Risk management
    • Taxation and estate planning
    • Trustee services
  • Perpetual Corporate Trust Services:
    • Securitization
    • Trust and responsible entity services
    • Trustee services

Perpetual Competitors

  • Aberdeen Asset Management PLC
  • AllianceBernstein Holding
  • Commonwealth Bank of Australia
  • FMR Corp.
  • Macquarie Infrastructure Group

Perpetual (PPT) Locations and Subsidiaries

Perpetual Headquarters
Level 12, Angel Place 123 Pitt St
Sydney NSW 2000
Phone: (02) 9229 9000
Fax: (02) 8256 1427

Perpetual Limited
4th Floor
10 Rudd St
Canberra 2601
Ph: (02) 6248 7977

Perpetual Limited
Level 28
360 Collins St
Melbourne 3000
Ph: (03) 8628 0400

Perpetual Limited
Level 10
Riverside Centre
123 Eagle St
Brisbane 4000
Ph: (07) 3834 5656

Perpetual Limited
Level 8
115 Grenfell St
Adelaide 5000
Ph: (08) 8418 5656

Perpetual Limited
Level 29
Exchange Plaza 2
The Esplanade Perth 6000
Ph: (08) 9224 4400

Perpetual Subsidiaries

Perpetual Trustees Consolidated Limited
Perpetual Small Companies Analysts Fund
Perpetual Services Pty Ltd
Perpetual Australia Pty Ltd
Perpetual Superannuation Limited
Perpetual Assets Pty Ltd
Investor Marketplace Limited
Perpetual Property Services Australia Pty Ltd
Commonwealth Trustees Pty Ltd
Perpetual Trustees SA Limited
Queensland Trustees Pty Ltd
Perpetual Trustees Queensland Limited
Perpetual Trustee Company Limited
Perpetual Nominees Limited
Perpetual Australia Property Services (WA) Pty Ltd
Australian Trustees Limited
Perpetual Trust Services Limited
Perpetual Fund Services Limited
Perpetual Investment Management Limited
Perpetual Trustees Victoria Limited
Perpetual Trustees Company (Canberra) Limited
Perpetual Trustees WA Limited
Perpetual Analysts Portfolio Fund

Other Perpetual Details

Perpetual Year Established: 1963
ACN: 000 431 827
D-U-N-S: 750690687
ABN: 86000431827
Previous Company Names: Perpetual Trustees Australia Limited

Perpetual (PPT) Share Price

Submitted by Share Trading on 22 July, 2008 - 13:20