Pinnacle Investment Management Group Ltd
PNI: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| A$39.00 | Skhlgl | Wzjmxfcxv |
Pinnacle to Resist Share Losses to Low-Cost Investments and Win Flows From Other Active Peers
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 December 2023, Pinnacle has 15 affiliates under its network with around AUD 100 billion in FUM.