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Showing 1 - 10 of 50 results for "Ian Macoun"

Pinnacle founder Ian Macoun unloads $77m of shares

ANDREW MCKEAN  |  WEDNESDAY, 25 JUN 2025
Pinnacle managing director Ian Macoun, who founded the investment management firm, has sold nearly four million shares in the firm for $76.7 million; the proceeds are earmarked for reinvestment in its affiliated fund manager Metrics. Macoun made the ...

Korean pension fund takes $50m stake in Metrics

ELIZA BAVIN  |  FRIDAY, 14 MAR 2025
... Australia, which is an attractive and diverse market we have been actively focused on," he said. Pinnacle managing director Ian Macoun welcomed the new partnership between Metrics, NPS, and Townsend. "We have been a proud distribution partner of Metrics ...

Pinnacle delivers 'flawless' half-year performance: Analyst

KARREN VERGARA  |  THURSDAY, 6 FEB 2025
... net profit after tax (NPAT), was $74.3 million, up 99% from $37.3 million year on year. Pinnacle managing director Ian Macoun said markets were broadly supportive in the first half, whilst the depreciation of the AUD against the USD boosted the valuation ...

Pinnacle goes global with acquisitions

JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2024
... strategy we are committed to pursuing and the exciting growth opportunities ahead of us," Pinnacle managing director Ian Macoun said. "We look forward to partnering with the VSS Capital and Pacific Asset Management teams through this next phase of accelerated ...

Pinnacle FUM soars 20%, introduces new boutique

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... stood at $28.8 billion at the end of the period while international FUM was $18.4 billion. Pinnacle managing director Ian Macoun said: "Following the extremely challenging market conditions we faced in the second half of FY22 and across FY23, there was ...

Pinnacle backs fledgling UK boutique

KARREN VERGARA  |  FRIDAY, 3 MAY 2024
... team members have sought refuge in Pinnacle in setting up their own funds management firm. Pinnacle managing director Ian Macoun said: "The Pinnacle Group is proud to continue expanding on our unique multi-affiliate model. Highly talented and experienced ...

Pinnacle steadies FY23 profit, FUM

KARREN VERGARA  |  FRIDAY, 4 AUG 2023
... Wholesale and retail flows dropped drastically from $3.6 billion to $600 million in the period. Pinnacle managing director Ian Macoun commented that during a challenging financial year, aggregate retail flows throughout the industry have been insipid ...

Super giants, investment firms join Future IM/Pact

CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
... exceptional talent, which in turn ensures we best deliver for our members," he said. Pinnacle founder and managing director Ian Macoun said it has been supporting and inspiring great female talent for several years through scholarships and internships. ...

Pinnacle acquires private equity firm stake

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... Over time, Five V staff will be invited to acquire equity in the fund from the founders. Pinnacle managing director Ian Macoun said that Five V has a proven investment strategy that has delivered exceptional returns and a track record of successful fund ...

Pinnacle backs investment platform

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
... retail investors to access our growing network of world-class asset managers," Pinnacle founder and managing director Ian Macoun said. "By investing in OpenInvest via this funding round we are happy to support an exciting Australian financial technology ...
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