Perpetual Equity Investment

Name

Perpetual Equity Investment

Legal name

Perpetual Equity Investment Company Limited

Website

https://perpetualequity.com.au

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Listed Investment Company (Equity Investment)

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Large-Cap Equity (Active) (FSAAAIAA)

akta.pro secondary industry

International/Ex-U.S. Developed Equity (Active) (FSAAAIAE)

Keywords

• Listed investment company
• Equity investment management
• Franked dividend income
• ASX listed securities
• Portfolio management services

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Management Fees: The company pays an annual management fee to Perpetual Investment Management Limited. The fee is 1.00% plus GST of the portfolio value.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Perpetual Equity Investment Company (ASX: PIC) is a Listed Investment Company that gives investors single-trade exposure to a diversified, actively managed portfolio of Australian and global listed securities. The portfolio is managed by Perpetual Asset Management Australia with a focus on quality and value, targeting consistent fully franked dividends and long-term capital growth. Shareholders may also participate in a voluntary Dividend Reinvestment Plan (DRP) to compound returns.

Product overview

Perpetual Equity Investment Company (PIC) is a single Listed Investment Company (LIC) traded on the ASX under ticker PIC. It is managed by Perpetual Asset Management Australia and offers investors a concentrated, actively managed portfolio of Australian and global listed securities (typically 20-40 securities). PIC's investment strategy blends a core of Australian equities (50-100%) with up to 35% in global equities and up to 25% in cash, deposit products, and senior debt. An optional Dividend Reinvestment Plan (DRP) allows shareholders to reinvest dividends into additional shares at a potential discount. PIC's primary investment objective is to deliver a growing income stream and long-term capital growth in excess of the S&P/ASX 300 Accumulation Index over minimum 5-year periods.

Differentiator

Problem solved

Functional benefit

Products and services

• Perpetual Equity Investment Company (ASX: PIC) Listed Investment Company that provides investors with access to a diversified, actively managed portfolio of Australian and global listed securities, aiming to deliver a consistent fully franked dividend stream and long-term capital growth. Traded on the ASX under ticker PIC, managed by Perpetual Asset Management Australia. For individual investors and SMSF trustees.

Quantifiable outcome

• $10,000 invested in 2015 with full DRP participation would be worth $19,862 by 31 December 2024 (76.5% return)
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core and supporting.

• Perpetual Investment Management LimitedcoreImplementation/ SI/ Consulting Partner · 1 January 2014Perpetual Investment Management Limited (PIML) ABN 18 000 866 535, AFSL 234426 is the investment manager for the Perpetual Equity Investment Company Limited. PIML is part of Perpetual Group and manages the portfolio using a disciplined investment approach. PIML conducts extensive domestic and global company meetings and research to drive portfolio decisions.
• Link Market Services LimitedsupportingImplementation/ SI/ Consulting PartnerLink Market Services Limited is the share registry provider for PIC, handling shareholder records and investor communications. Personal information may be collected through the registry services.
• MUFG Corporate Markets (AU) LimitedsupportingImplementation/ SI/ Consulting PartnerMUFG Corporate Markets (AU) Limited, a division of MUFG Pension & Market Services, handles PIC's share registry. Contact via [email protected] or 1800 421 712.
• BT Panorama, CFS FirstWrap, Hub24, Macquarie Wrap, Netwealth, Praemium, AMP North, Expand Extra, Mason StevenssupportingChannel Partner/ Reseller/ DistributorMultiple wrap platforms provide access to ASX: PIC for investors. These platforms allow investors to buy and manage PIC shares within their wrap or superannuation account.

Scale indicators6 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Magellan Financial Group: Magellan Financial Group (ASX: MFG) is a leading Australian global equities asset manager that sponsors multiple listed investment vehicles. It is a broad incumbent comparable to Perpetual Group as an Australian-listed asset manager operating in the same retail/SMSF channel.
• Platinum Asset Management: Platinum Asset Management (ASX: PTM) is an Australian-listed asset manager specialising in global equities and sponsoring Platinum Capital. It is a broad incumbent comparable to Perpetual, with portfolio-management heritage relevant to PIC's investment-manager-driven value proposition.
• Perpetual Limited: Perpetual Limited (ASX: PPT) is the parent of Perpetual Investment Management Limited, which manages PIC. It is a broad Australian asset management and wealth services incumbent, and the natural broad incumbent reference for any Perpetual-branded investment product.

Direct peers

• WAM Capital: WAM Capital (ASX: WAM) is an ASX-listed LIC run by Wilson Asset Management with a value-oriented, smaller-cap-tilted Australian equities strategy. It is a relevant peer to PIC because it shares the LIC structure and active Australian-equity approach, even though its style (value/small-cap) differs from PIC's quality/value blend.
• Australian Foundation Investment Company: AFIC (ASX: AFI) is a long-established Australian LIC investing primarily in Australian equities with a focus on franked income and long-term capital growth. It directly mirrors PIC's core mandate of Australian large-cap active equity selection through a single, ASX-listed vehicle.
• Argo Investments: Argo Investments (ASX: ARG) is one of Australia's oldest and largest listed investment companies, holding a diversified portfolio of Australian listed equities with a long-term, dividend-focused mandate. It is the closest direct peer to PIC, offering a comparable LIC structure, ASX-traded shares, and franked dividend focus targeting Australian retail and SMSF investors.
• Milton Corporation: Milton Corporation (ASX: MLT) is an Australian LIC with a diversified portfolio of Australian listed equities and a focus on providing dividend income to shareholders. It is structurally comparable to PIC as an ASX-traded LIC with a similar retail/SMSF investor base and Australian large-cap bias.
• BKI Investment Company: BKI (ASX: BKI) is an Australian LIC investing in a diversified portfolio of ASX-listed companies with a focus on income and long-term growth. Its mandate, dividend policy, and SMSF/retail investor base overlap closely with PIC.
• Platinum Capital: Platinum Capital (ASX: PMC) is an ASX-listed investment company managed by Platinum Asset Management with a global (non-Australian) equities focus. It is a direct structural peer to PIC as an LIC and is relevant given PIC's allowance of up to 35% in global equities through a different manager.

Emerging players

• Magellan Global Fund: Magellan Global Fund (ASX: MGF) is an actively managed, global equities-focused listed fund run by Magellan Asset Management. While structured as an open-ended managed fund rather than a LIC, it targets the same global-allocation use case that PIC's 35% global sleeve addresses.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/perpetual-equity-investment-company-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Perpetual Equity Investment