Pinnacle

Funds management

Pinnacle profits take a hit amid surge in outflows

Net outflows of approximately $1.5 billion have contributed to a 24% fall in the wealth management company’s net profits....

Funds management

Pinnacle discloses H1 performance fees

Pinnacle Investment Management has announced the size of its performance fees for the six months to 31 December, having previously warned they could be less than $1 milli...

Funds management

Pinnacle performance fees fall below $1m

Pinnacle Investment Management has advised its net share of performance fees after tax will be less than $1 million, down from $6.4 million in the previous year. ...

People & Products

Advisers bolster Pinnacle distribution

Pinnacle has detailed how strong relationships with advisers has boosted the firm’s distribution success, despite a wider adviser exodus....

People & Products

Pinnacle exec to retire

Pinnacle has announced the retirement of executive director Adrian Whittingham after 15 years, having been a key investor since the firm was in its early stages....

Funds management

Asset managers missing out on rivals’ performance

With the share price of Pinnacle up more than 800% over the last five years, why are asset managers reluctant to invest in their competitors?...

Funds management

Pinnacle issues assurance on Macoun’s tenure

Pinnacle managing director, Ian Macoun has disposed of 9 million shares prompting the company to declare he is committed to the company until at least the end of 2023. ...

Funds management

Which listed financial returned 148%?

Earnings for the first half of the financial year for the firm were $2.1 million, prompting the firm to resume paying dividends....

Funds management

Pinnacle's NPAT up

Pinnacle has reported a 120% growth in net profit after tax to $30.3 million for the six months ended 31 December, 2020, thanks to greater diversification across differen...

People & Products

Pinnacle’s Whittingham moves to reduced role

Pinnacle Investment Management director Adrian Whittingham has chosen to reduce his hours from full-time to part-time and is expected to step into a non-executive role....

People & Products

Elston hires two

Artem Zainitdinov has been appointed as equities dealer/portfolio analyst and David Seager as investment analyst (multi-asset)....

Funds management

Navigator targets six asset managers

Navigator Global Investments is to acquire six investments from funds managed by Neuberger Berman subsidiary Dyal Capital Partners. ...

Funds management

Pinnacle unveils EM-focused investment boutique in London

Pinnacle Investment Management has announced that five former Stewart Investors senior members are among founding members of a London-based emerging markets investment bo...

Features

Mythbusting ETFs

There’s a great deal of information around ETFs, but what are the facts and the myths? Chris Dastoor spoke to some of the top minds in the ETF industry to separate fact f...