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Perpetual Flags $153.7M Impairment Hit on J O Hambro Woes

8:27pm on Friday 29th of August, 2025 AEST Financial Services
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Perpetual Flags $153.7M Impairment Hit on J O Hambro Woes

8:27pm on Friday 29th of August, 2025 AEST
Key Points
  • Non-cash impairment charge of approximately $153.7 million post-tax for FY25
  • Majority of impairment linked to goodwill and customer contracts in J O Hambro boutique
  • Continued net outflows in J O Hambro strategies throughout FY25
  • Impairment affects statutory results but not liquidity or banking covenant compliance
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