Mogridge quits Perpetual, mortgage fund moratorium extended

Pyne Gould Corporation chairman Bryan Mogridge has resigned as a director of the company’s embattled and up-for-sale investment manager Perpetual Trust.

Mr Mogridge’s directorship of Perpetual Trust and its management company Perpetual Asset Management ceased on August 16.

Announcement of the resignation comes at an uncertain time for Perpetual,  under investigation by the Financial Markets Authority for related party lending.

 

Want to read more?

Choose a Subscription type that's right for you HERE
Already have an account? Login