Funds manager Perpetual Ltd
(ASX:PPT) says funds under management remained steady in April at the same level as March.
In a statement to the ASX, the company announced that as at April 30, 2010, its fund under management stood at $29 billion.
Funds under management as at March 31, 2010 also came to $29 billion.
The April result includes net inflows of $240 million from institutional clients in Australia.
Perpetual says it also included equity outflows of $110 million from an institutional client in cash and enhanced cash.
In February the company reported net profit after tax of $49.2 million for the six months to December 31, 2009.
For fiscal 09 Perpetual recorded a profit of $37.75 million.
