Mergers like the potential tie up between Perpetual and Pendal are another sign of the pressure fund managers face after a sustained period of outperformance by passive investment behemoths. But it's unlikely that will always be the case.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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