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Showing 1 - 9 of 9 results for "PNI"

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 ...

Pinnacle splashes $50m on acquisitions

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
... from institutional investors, $730 million from its LIC and $60 million from unlisted retail. Pinnacle Investment Management (PNI) managing director Ian Macoun said the MCP acquisition doesn't overlap with its current stable of nine affiliates that collectively ...
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