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Showing 51 - 60 of 229 results for %22Pinnacle%22

Pinnacle NPAT doubles in FY21

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
Pinnacle Investment Management reported a 108% increase in net profit after tax to $67 million in FY21, after strong inflows and good performance. Its boutique partners' total FUM at June end was $89.4 billion, up 52% from FY20. The FUM has grown at ...

Another cash ETF bites the dust

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... Income Fund (managed fund) (ECOR) and the $3 million eInvest Income Maximiser Fund (managed fund) (EMAX). In July 2020, Pinnacle delisted the aShares Dynamic Cash Fund (Managed Fund) managed by Omega Global Investors after about a year on the ASX. It ...

Super leaders recognised

ANNABELLE DICKSON  |  TUESDAY, 15 JUN 2021
... Bradley is currently the chair of Queensland Treasury Corporation capital markets board and is a non-executive director of Pinnacle Investment Management. Angela Emslie was recognised for her significant service to the finance and superannuation sectors ...

Pinnacle affiliates reach $85bn AUM

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
Pinnacle Investment Management has reported a 20% boost in assets under management across all its affiliates, hitting $84.9 billion in the space of four months. In an update to investors, the ASX-listed firm announced robust end of April 2021 results ...

State Street the largest institutional manager

KANIKA SOOD  |  MONDAY, 19 APR 2021
... BlackRock Australia ($77.1 billion), QIC ($74.9 billion), Macquarie ($73.5 billion), AMP Capital Investors ($72.5 billion), Pinnacle Investment Management ($70.2 billion), Victoria Funds Management Corporation ($64.5 billion) and First Sentier ($58.3 ...

Fidante opens Singapore office, hires from AMP Capital

KANIKA SOOD  |  THURSDAY, 8 APR 2021
... superannuation funds. Magellan was getting most of its institutional flows from overseas investors as at February 2020; Pinnacle Investment Management last year added New York-based distribution staff; and Channel Capital partnered with the former chief ...

Elston grows distribution team

ANNABELLE DICKSON  |  WEDNESDAY, 7 APR 2021
... billion FUM." The appointments come after Elston made two appointments to its investment team last year, hiring from Pinnacle and UK-based Sarasin & Partners.

Boutique buys back Montgomery stake

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
... regarded and top performing products," Montgomery said. "We don't want to assume enormous success immediately, they [Pinnacle and Fidante] are both businesses to be admired. We certainly think we have the ability to identify outstanding investment ...

Metrics launches NZ fund

ANNABELLE DICKSON  |  WEDNESDAY, 3 MAR 2021
... a target annual return of 3.25% over the RBNZ cash rate. The Metrics Multi-Strategy Private Debt (NZ) Fund marks the Pinnacle boutique's first investment product designed specifically for New Zealand investors. The fund is an open-ended Portfolio Investment ...

Ian Macoun sells $83m of Pinnacle shares

KANIKA SOOD  |  TUESDAY, 9 FEB 2021
... that yielded Macoun $83.25 million. He still retains about 18.3 million PNI shares or 9.8% of the total issued capital. Pinnacle said Macoun has committed to not sell any of his remaining PNI shares in the next six months or until after FY21 results. ...