Hi @MarkHGO
Increase in share price always occurs in the lead up to quarterly FUM announcements. PAC are due to announce Friday 29/04.
I think this quarter will see PAC announce FUM growth that is the highest of all ASX listed Fund Managers (low hurdle rate of 0%). It hasn’t been hard to achieve this as Equity Markets have gone backwards for the quarter and PAC’s boutiques are outside of Equity Markets, except GQG and EAM.
Commodity markets (ROC, Proterra, Aether) and US Commercial/Industrial/Residential complexes (Pennybacker, Banner Oaks) are growing - exactly how much we will find out next Friday.
Best of Luck
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