Pinnacle Investment Management Group Ltd
PNI: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$52.90 | Fjxrmlb | Czkmjwywgy |
Pinnacle Poised for Market Share Gains and Medium-Term Margin Expansion
Business Strategy and Outlook
Pinnacle Investment Management provides seed and working capital, marketing and distribution services, business support and responsible entity services to a network of boutique managers--which it terms as "affiliates." Apart from charging fees for its services, Pinnacle also earns a share of profits from its affiliates via holding equity interests in them. As of April 2024, Pinnacle has 15 affiliates under its network with around AUD 106 billion in FUM.