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Australia's Perpetual goes abroad with resources fund

The Sydney-based asset manager is also incubating an Asia equities product as it begins marketing its wares abroad.
Perpetual, an independent asset-management company in Australia with A$27 billion of assets, is extending its operations and investment capabilities overseas, with a focus on Asia ex-Japan. After several years of preparation, it is now marketing a global resources fund. It is a market segment that is closely related to many Australian companies and is seen as a natural extension across borders, says Gemma Dooley, Sydney-based general manager of investment research and institutional bu…
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