As a financial services company, it provides distribution services, business support and responsible entity services to the Pinnacle Affiliates and develops and operates investment management businesses. Pinnacle currently consists of 15 investment affiliates.
So, there are at many ways to increase fees derived from Funds Under Management
- lift in asset prices
- lift in investor inflows
- diversify offerings to institutions, mFunds, international mandates (can lose these, as well)
- increase in Affiliates
- add New Funds operated by Affiliates
- and, cry poor and up the performance fee scalp
Aggregate Affiliates’ funds under management (FUM) of $70.5 billion at 31 December 2020 (at 100%):
• up $11.8 billion or 20% from $58.7 billion at 30 June 2020
• up $8.9 billion or 14% from $61.6 billion at 31 December 2019
Aggregate Retail FUM of $16.7 billion at 31 December 2020 (at 100%):
• up 28% from $13.1 billion at 30 June 2020
• up 17% from $14.3 billion at 31 December 2019
Net inflows for 1H FY21 of $5.5 billion, including $1.9 billion retail (no inflows from LICs/LITs)
And a list of Managed Funds run by Affiliates with Pinnacle
Hyperion Asset Management –
Hyperion Australian Growth Companies Fund
Hyperion Small Growth Companies Fund
Hyperion Australian Equities Composite
Hyperion Global Growth Companies Fund (Class B Units)
Plato Investment Management
Plato Australian Shares Equity Income Fund
Plato Global Shares Income Fund
Solaris Investment Management
Solaris Core Australian Equity Fund
Solaris Total Return Fund
Resolution Capital
Resolution Capital Real Assets Fund
Resolution Capital Global Property Securities Fund
Palisade Investment Partners
Palisade Diversified Infrastructure Fund
Palisade Australian Social Infrastructure Fund
Antipodes Partners
Global Fund
Global Long Only
Asia Fund
Spheria Asset Management
Microcap Fund
Smaller Companies Fund
Opportunities Fund
Global Microcap Fund
Two Trees Investment Management
Global Macro Fund – USD Composite
Firetrail Investments
High Conviction Fund
Absolute Return Fund
Small Companies Fund
Omega Global Investors
Omega Global Corp Bonds Fund
Omega Global Listed Infrastructure Fund
Metrics Credit Partners
DASLF
SPDF
SPDF II
REDF
WIT
CT
Longwave Capital Partners
Longwave Australian Small Companies Fund
Reminiscent investment Management
Curve Global Macro Fund (Class I)
Curve Global Macro Fund (Class Z)
Coolabah Capital Investments
Smarter Money (Active Cash) Fund Assisted
Smarter Money Higher Income Fund Assisted
Smarter Money Long Short Credit Fund Assisted
Coolabah Active Composite Bond Strategy
Coolabah Long-Short Active Credit Alpha Strategy
HBRD
Aikya
Global Emerging Market Equities
Riparian (provisional #16 affiliate)
Australasian Private Agriculture, Food & Water
