Perpetual unites local asset management companies

Perpetual Group has consolidated its regional asset management businesses into a unified global division, introducing the role of Chief Executive of Asset Management to spearhead this integration. This strategic move is aimed at leveraging the advantages of a global multi-boutique model and optimizing the capabilities of a global distribution team in asset management. Within its portfolio, the Group owns several asset management brands, including Perpetual, Pendal, Barrow Hanley, J O Hambro, Regnan, Trillium, and TSW. Rob Adams will assume the dual position of Chief Executive of Perpetual Group and Chief Executive of Asset Management. To support Adams in leading the Asset Management (AM) division, two additional roles have been established in the AM leadership team.

Graham Kitchen, presently serving as Chairman of Trillium and Perpetual corporate entities in the UK, will take on the role of Global Head of Investment Strategy while a search for a permanent candidate is initiated. Simultaneously, Clare Forster has been appointed as Global Head of Business Management and Strategic Delivery, bringing with her extensive experience in global asset management from her previous roles at Janus Henderson, GAM, and Jupiter Asset Management. This organizational shift has also impacted regional chief executive roles for Europe and the UK (EUKA) as well as the Americas. Alexandra Altinger, currently Chief Executive of Asset Management, EUKA (including J O Hambro), is set to depart at the end of the month. The J O Hambro Capital Management business will maintain its management structure through its established executive committee. Forster will play a key role in leading this committee, subject to regulatory and board approval. The Group anticipates that these changes will position it favourably within the global asset management landscape.