PINNACLE

Funds management

Pinnacle has seen a return to inflows in the first half of FY2023–24 as funds under management surpass $100 billion for the first time....

Funds management

A leading Australian investment manager has returned 143 per cent over the last five years with potential for further upside from increased distribution as investor appet...

Funds management

Pinnacle has reported challenges in the domestic retail and institutional market where it is expending resources to ensure it is ready for a market recovery....

Funds management

Asset manager Firetrail Investments has promoted global equity analyst Oscar Hutchinson as a portfolio manager....

People & Products

Kyle Macintyre, investment director and COO at Firetrail, has been appointed head of retail distribution at Pinnacle Investment Management. ...

Funds management

Pinnacle’s founder, Ian Macoun, has explained how he has structured the firm with its affiliate boutiques in order to avoid the negative impact of key person risk....

Funds management

Blackwattle Investments Partners, a new diversified fund manager, has commenced operations and will launch its first four investment portfolios from July 2023. ...

Funds management

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

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Funds management

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...

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Funds management

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. ...

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People & Products

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

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People & Products

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....

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Funds management

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?...

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Funds management

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. ...

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Funds management

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

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 1 day ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week 1 day ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 2 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago