Pinnacle Investment Management Group Ltd
PNI: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.^? | LOCK|wlg | LOCK|b!J$^?$g |
Pinnacle's Profits Supported by Cyclical Performance Fees
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 2024, Pinnacle has 18 affiliates under its network with around AUD 155 billion in FUM.
