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Showing 1 - 10 of 11 results for "PNI"

Pinnacle profits up amid heightened expenses

MATTHEW WAI  |  WEDNESDAY, 5 AUG 2026
... expenses of $95.3 million in FY26, reflected by losses from its principal investments, Pinnacle Investment Management (ASX: PNI) saw its net profit after tax (NPAT) surge to over $30 million, with affiliates' funds under management (FUM) also gaining ...

Best Australian share funds of 2024: Mercer

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... range of stocks, however, key contributors included Pro Medicus (ASX: PME), and Pinnacle Investment Management Group (ASX: PNI). He said Technology One (ASX: TNE), a software provider for government agencies, also performed well, along with Universal ...

Pinnacle to increase stake in Coolabah

KANIKA SOOD  |  MONDAY, 6 SEP 2021
... Management acquired a 25% stake in Coolabah in December 2019, paying $29.1 million which valued Coolabah at $116 million. PNI today said it will increase its stake in Coolabah to 35%. "Since PNI entered discussions with CCI in November 2019, CCI's funds ...

Pinnacle hires from Schroders

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... Investors team, Aikya Investment Management. Its global equities boutique partner Antipodes had investment staff in London. PNI reported a 108% increase in net profit after tax to $67 million in FY21, after strong inflows and good performance. Its boutique ...

Adrian Whittingham back full-time at Pinnacle

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... Whittingham has shelved plans to go part-time and is back at the firm in a new role focused on its international strategy. PNI in December said Whittingham planned to step back from the business to a part-time role, with plans to become a non-executive ...

Ian Macoun sells $83m of Pinnacle shares

KANIKA SOOD  |  TUESDAY, 9 FEB 2021
Pinnacle's Ian Macoun sold $83 million worth of PNI shares yesterday, as the stock headed towards an all-time high after a strong first half result. Macoun's sale of PNI shares constituted 4.8% of the total stock on issue. The nine-million share ...

Pinnacle executive director steps back

KANIKA SOOD  |  WEDNESDAY, 2 DEC 2020
... director late next year. He requested the change to part-time, the firm said in ASX filings. He will continue to be a director of PNI, its two wholly-owned subsidiaries and the partnered boutique's boards on which he currently sits. In the transition ...

Pinnacle reports FY20 inflows, profits

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... institutional allocators deferred mandate decisions in COVID-19 but the firm managed to grow NPAT by 5.6% to $32.2 million. PNI this morning reported $58.7 billion in total funds under management at June 30, up 8% over June, 2019. However, total assets ...

Pinnacle puts zero-fee ETF experiment to bed

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... monthly dividend income was also wound up. While its zero-fee ETF experiment did not work out, Pinnacle Investment Management (PNI) has had a great year with Hyperion, Plato and ResCap's funds performing well amid volatility. It is also making inroads ...

Future Fund voted down Pinnacle equity grants

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... directly, or if they are permitted by the board, to fund a nominated associate to acquire the loan shares," the resolutions put to PNI shareholders in September, 2018 said. However, Future Fund's opposition to issue of shares to Macoun, Chambers ...
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