09/10/2026 09:56

What does this mean for Pinnacle Investment Group (ASX: PNI) $13.76

This brings us to Pinnacle Investment Management (PNI), which owns around 35% of Metrics. Metrics has been one of Pinnacle’s highest-profile affiliates, so the current situation is clearly a blemish, but the direct financial impact appears relatively manageable: Metrics represents around 13% of Pinnacle’s effective FUM and roughly 10% of recurring profits, meaning even a meaningful slowdown in Metrics flows should not derail the broader group.

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30/09/2026 09:44

Pinnacle Investment Management (ASX: PNI) $13.96

PNI was caught in the fallout from recent issues at Metrics, where the valuations of several funds were revised lower on Monday after a review of asset values and expected credit losses. The resulting NTA cuts were 2–12% across three listed Metrics vehicles, prompting a sharp sell-off in PNI, given their ~35% ownership of the credit manager, before a UBS upgrade sparked a strong bounce in the stock yesterday.

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05/08/2026 09:28

Pinnacle Investment Mgt. Group Ltd (PNI) $17.76

After the market closed yesterday PNI delivered a messy FY26 result, with statutory earnings, revenue and inflows ahead of expectations. However, the headline $176.7 million net profit was boosted by a significant non-cash accounting gain, making underlying earnings the more useful measure of performance.

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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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