Hi @ipsofactoid
The boutiques aren’t easy to get your head around. Greg shared Carlisle email subscription service for monthly fund performance and I have been playing around with the numbers and joining with the latest FUM amounts using each Carlisle Fund ISIN number.
The fund performance has improved and FUM looks like it has increased since June, I just have to work out a quick way to present it. Currently it takes a couple of hours.
Hopefully with additional funds we can invest further in boutiques if they perform, acting as an incentive to grow. This is what PAC has built into contracts with PennyBacker, hit growth targets and PAC will invest an additional $USD7.5B.
Having high cashflow makes so much difference.
Best of Luck
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