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Perennial Partners takes over Australian Unity fund
|Perennial Partners has agreed with Australian Unity Funds Management Limited (AUFM) to take over the investment management of the latter's Future of Healthcare Fund.
Perpetual seals $2.18bn deal with KKR, chief to retire
|Perpetual has agreed to divest its wealth management and corporate trust businesses to Kohlberg Kravis Roberts (KKR) for $2.18 billion, pending shareholder approval. The deal will see the departure of Perpetual chief executive Rob Adams.
Platinum's FUM dips below $14bn
|Platinum Investment Management's funds under management took a $1.65 billion hit to end up at $13.5 billion at the end of April.
AMP launches alternative debt fund
|AMP said the new fund will provide bespoke access to global private debt investments but will only be available to some.