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Pinnacle defies active management blues to hit $100b

Ian Macoun won’t celebrate Pinnacle hitting $100 billion in funds under management too loudly – it’s still tough out there for active managers. 

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Ian Macoun, the chief executive and founder of Pinnacle Investment Management, says he’s occasionally been accused of failing to stop and celebrate key moments in the firm’s 17-year history.

So, he’s promised to stop and smell the roses after hitting an impressive milestone: $100 billion in funds under management.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/pinnacle-defies-active-management-blues-to-hit-100b-20240201-p5f1q8