PAC 0.47% $10.66 pacific current group limited

One edge case for another takeover participant could be...

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    One edge case for another takeover participant could be Magellan. They have a lot of cash on the books and are actively considering getting into PAC’s style of investments to create stable FUM.

    Acquiring PAC would double Magellans FUM immediately and give it a large stake in a growing Fund Manager. Rescue its business from oblivion.

    There would be a number of synergies for Magellan and they could roll Fund Management strategies into GQG’s to give back its growth profile.

    Basic point is Magellan could turn its business around by acquiring PAC. Magellan management would be foolish to not consider it.
 
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