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Pinnacle Investment Management Group (ASX:PNI) FFO


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What is Pinnacle Investment Management Group FFO?

FFO (Funds from operations) only applies to REITs.


Pinnacle Investment Management Group (ASX:PNI) Business Description

Traded in Other Exchanges
N/A
Address
264 George Street, Level 25, Australia Square Tower, Sydney, NSW, AUS, 2000
Pinnacle Investment Management Group is an Australia-based multi-affiliate investment management firm. The principal activities of the firm are equity, seed capital and working capital, and providing distribution services, business support, and responsible entity services to a network of boutique asset managers, termed as "affiliates." Apart from deriving revenue from its services, Pinnacle also earns a share of profits from its affiliates via holding equity interests in them. The business is growing rapidly with number of boutiques and FUM growing to 15 and around AUD 90 billion in September 2023, respectively, from seven and AUD 23 billion in December 2016.