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Pinnacle funds under management hits record $110b

Joanne Tran
Joanne TranMarkets reporter

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Pinnacle’s funds under management ruled off the financial year at a record $110.1 billion as its assets jumped by 20 per cent and the manager attracted new money from offshore investors.

The multi-affiliate investment firm booked $9.9 billion in net inflows in the 12 months to June 30, with international investors accounting for the majority at $7 billion, it reported after the closing bell on Thursday.

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Joanne Tran is a markets reporter for The Australian Financial Review in the Sydney newsroom. Connect with Joanne on Twitter. Email Joanne at jo.tran@afr.com

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    Original URL: https://www.afr.com/markets/equity-markets/pinnacle-funds-under-management-hits-record-110b-20240801-p5jygb