ASX Announcements
Application for quotation of securities - PNI
Appendix 2A (Application for Quotation of Securities)
- Oct 30, 2023
- 7 pages
This Month
Firetrail bulks up investment team
Street Talk can reveal the Pinnacle boutique has nabbed Peregrine Capital portfolio manager Matthew Thomson.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Managed funds
The ‘alpha’ edge: three fund management success stories
With the advent of the $3.5 trillion in compulsory savings via superannuation, Australia has become a breeding ground for some of the best investment talent on the planet.
- Christopher Joye
Palisade kicks off $1b raise for renewables platform Intera; eyes $7b
The platform is in the same vein as Igneo Infrastructure Partners’ Atmos Renewables and Macquarie Asset Management’s newly announced Aula Energy.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November
Ex-Pinnacle chiefs hunt for fast-growing fundies
A new private equity fund says a lot of money can be made from backing good fund managers that are early in their journey.
- Jonathan Shapiro
Pinnacle-backed wealth platform OpenInvest seeks buyer pre-Xmas
Sources say the platform is in ongoing discussions with a handful of interested parties.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September
Small caps a ‘no-brainer’, says Firetrail’s Hodgens
The investment veteran says the smart money should get ahead of the bigger players and buy into small caps that are cheap and primed for growth.
- Jonathan Shapiro
August
- Opinion
- Earnings season
The one thing almost everyone got wrong about profit season
We all know that interest rates have gone up a lot. Yet analysts struggled to forecast how much that will hurt corporate profits now and in the future.
- Updated
- Jonathan Shapiro
Macquarie has its eye on Metrics’ falling profit margin
Pinnacle has a 35 per cent ownership interest in Metrics, which has about $15 billion in funds under management.
- Sarah Thompson, Kanika Sood and Emma Rapaport
July
Pinnacle claims $55m in second-half performance fees
The fund manager is entitled to gross fees of $54.8 million in the June half, but warned times are tough for wealth managers.
- Updated
- Vesna Poljak
June
Pinnacle poaches new retail boss from Firetrail
It’s a plum role that makes Kyle Macintyre one of the five direct reports to the fund’s founder and managing director Ian Macoun.
- Sarah Thompson, Kanika Sood and Emma Rapaport
May
The five key points from Macquarie’s landmark conference
It was a full house at the year’s biggest equity investor conference. Fund managers sat through some predictable presentations, but there was gold in the Q&A.
- Anthony Macdonald
March
Antipodes picks up Magellan’s Vihari Ross
It’s good times again at Jacob Mitchell’s global equities firm Antipodes.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
Private debt funds boom, but upfront fees divide investors
Some fund managers are opting to keep the payments instead of passing them on to investors, although everyone says they agree on more transparency.
- Aaron Weinman and Jonathan Shapiro
February
CSL, CBA shares hit new highs as blue-chips rally
Shares finished the week up 0.9 per cent as CSL and CBA advanced ahead of corporate earnings, which are set to pick up a gear.
- Tom Richardson
Tech shares surge as US Fed, Meta boost sentiment
Pinnacle Investments lost ground after missing analysts’ forecasts, but the tech sector helped the benchmark eke out a gain as investors bet on rates topping out.
- Tom Richardson
August 2022
Pinnacle shares jump despite drop in funds under management
A brutal sharemarket reversal in 2022 led to the funds manager’s inflows falling below its chief executive’s expectations, although profit still climbed 14 per cent.
- Tom Richardson
July 2022
This boss reckons people who set out to be rich ‘normally fail’
Ian Macoun, the founder of Pinnacle Investment Management, says people are successful in business “because they believe in something they’re passionate about”.
- Sally Patten
March 2022
Pinnacle shares halve as fund managers tumble
Declining markets, client outflows and changes to senior management bedevil fund managers as shares slide.
- Updated
- Richard Henderson
February 2022
Property still a potent asset class: Resolution Capital
Ahead of a Tuesday listing, the $19.2 billion property manager explained why its ASX-listed fund can offer exposure to the world’s best property assets.
- Tom Richardson
Will Pinnacle Investments remain at the top in 2022?
Pinnacle’s Ian Macoun has the Midas touch when it comes to picking the right stock-pickers, but shares in the asset manager have de-rated with the recent broader equity market sell off.
- Tom Richardson
