28/05/2026 09:28

Pinnacle Investment Mgt. Group (ASX: PNI) $15.04

Pinnacle (ASX: PNI) is a multi-affiliate funds management business that owns stakes in a range of boutique investment managers, giving investors diversified exposure across equities, private markets, credit and alternative strategies. Its earnings are highly leveraged to funds under management (FUM) and performance of the strategies, meaning rising equity markets and stronger investment performance naturally drive higher management and hopefully performance fees, although their largest equity affiliate, Hyperion, has really struggled over the past year – performance fee income is a long way off for them!

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24/03/2026 10:11

Portfolio Amendments – Emerging Companies Portfolio

We are making several changes to the Emerging Companies Portfolio

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22/10/2025 09:38

Pinnacle Investment Management (PNI) $19.67

Pinnacle is a multi-affiliate asset management business. In effect, it acts as a platform/holding company that partners with specialist boutique investment firms (called “Affiliates”), seeds and backs them, provides distribution and infrastructure, and takes a share of the revenue/profit.

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05/08/2025 17:26

Pinnacle Investment (PNI) $23.03

PNI +4.78% rallied on great results, although it seemed like the 2H performance fees from affiliates were off a touch – something to watch

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13/03/2025 09:53

Pinnacle Investment Management (PNI) $17.79

PNI is a fund management group that helps independent boutique managers grow with revenue generated through fees from the management of funds and by investing in their boutique partners. PNI has evolved its business from being very focused on equity managers with earnings being vulnerable to market swings.

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12/03/2025 09:43

Emerging Companies Portfolio – Amendment

We are adding a new position to the Emerging Companies Portfolio.

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12/03/2025 09:26

Pinnacle Investment Management (PNI) $18.00

Market turmoil creates opportunity, and we’re seeing some significant moves in previously hot stocks, with PNI being a clear example. The re-rate lower has been aggressive, with the share price down more than 34% in just six chaotic weeks. This has restored value in PNI and we now add the stock to our Emerging Companies Hitlist.

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11/02/2025 09:32

Pinnacle Investment Mgt Group (PNI) $24.62

After popping to an all-time high last week, PNI has subsequently drifted lower, taking it 9.2% below last Wednesday's high. PNI announced strong 1H results last week with earnings up ~150% on the period, driven by a strong uplift in performance fees from their affiliates, a level of growth that we would not extrapolate.

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05/02/2025 17:15

Pinnacle Investment Management (PNI) $26.04

PNI +3.76%: Hit an all-time-high of $27.11 today after announcing strong 1H results after-market yesterday which led analysts at UBS, Barrenjoy and Macquarie to increase their price target on the stock to $25.20, $26.90 and $27.37 respectively based on: 

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21/11/2024 16:59

Pinnacle Investment Management (PNI) $22.12

PNI hit new all-time highs today as it resumed trading following a capital raise and acquisition of stakes in two US based managers. A positive reaction on the prospect of the successful Australian ‘fund-of-funds’ strategy further expanding globally

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