Perpetual expects share market to trend sideways
FUNDS manager Perpetual expects the share market to trend sideways for some time, and remains cautious after the surge in prices since March.
Perpetual warns of 34% fall in H1 NPAT Updated: 13:26, Wednesday February 15, 2012 Perpetual Ltd has warned it will post a 34.5 per cent drop in its first-half after-tax profit due to restructuring costs and losses on market-linked investments.