About us

Perennial is a specialist, active investment management firm. Perennial's sole focus is to deliver excellence in funds management through equity ownership and the alignment of interests between key investment management staff and our clients.

Formed in 1999 through a joint venture between senior investment professionals and IOOF, Perennial manages approximately $18.8 billion (as at 31 March 2015) on behalf of institutional and retail clients globally.

Perennial operates a suite of investment management boutiques. Each boutique specialises in the investment management of one of the following asset classes and styles:

  • Perennial Value Management Limited (Perennial Value) - Value Australian shares. 
  • Perennial Growth Management Pty Ltd (Perennial Growth) - Growth Australian shares. 
  • Perennial Fixed Interest Partners Pty Ltd (Perennial Fixed Interest) - Fixed interest and cash. 

Click here for further information regarding the sale of the Perennial Growth and Fixed Interest boutiques announced on 2 June 2015.

Our investment philosophy

The following key investment philosophies enable the Perennial boutiques to deliver excellence in funds management.

Investors' interests first

Perennial shares equity ownership of each boutique business with key professionals who work within the business. We believe that this ownership structure cultivates an environment where the interests of investors and investment professionals are clearly aligned.

Independent research

The cornerstone of the investment process of each of Perennial's boutiques is proprietary, in-house research. Perennial conducts independent first-hand research on all securities before their inclusion in our investment portfolios. A sharing of knowledge between the boutiques ensures that all of our teams are up to date with domestic and global issues.

Active investment management

Perennial believes that investment markets are not fully efficient, causing asset prices to deviate from 'fair value'. Through careful research of investment fundamentals and the application of a disciplined investment process, market inefficiencies can be identified and exploited by experienced investment professionals applying an active investment approach.

Long-term investing

All of Perennial's portfolios are positioned for long-term investment performance outcomes. Our objective is to add value over the medium to long term, relative to a recognised market benchmark, in a risk efficient manner. Many of Perennial's capabilities have a proven and consistent long-term track record, with good results relative to our peers.