PNI 0.00% $19.54 pinnacle investment management group limited

Ann: Investment in Five V Capital and equity raising, page-9

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  1. 174 Posts.
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    I love PNI management, but this seems like a very expensive transaction relative to FUM on the face of it.
    I understand that PE has higher fees, but the money can also be a lot less sticky in the long run (PE funds have a natural end/wind-up date) and FUM growth can take a lot longer to scale up due to capacity issues and deal flow availability. Still happy to hold, but am cautious the price paid.
 
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