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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
4 mins to read

Court told of more 'irregular' Perpetual loans to related parties

Duncan Bridgeman
Fri, 03 Aug 2012

Court-appointed supervisors have discovered several more “irregular” loans made by investment manager Perpetual Trust as steps are taken to protect investors in two conservative funds.

One of the loans was a short-term $3.3 million advance to Portfolio Management Holdings (PMH), a company

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Duncan Bridgeman
Fri, 03 Aug 2012
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Court told of more 'irregular' Perpetual loans to related parties
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