PAC's Fourth Quarter CEO Newsletter (published December 2022), page-3

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lost

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12/01/23

09:36

Post #: 65650653
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Originally posted by MarkHGO: ↑

Thanks Lost - now the markets may be picking up as people start to flow back into their workplace & start buying stocks - so with that in mind I'd expect PAC to follow the trend - who knows where it might end?, perhaps the US Fed. will deftly manage things & the market will have a good 2023!?

While we are likely to get an economic slow down, suspect many are cashed up & considering where to place their money into the share market. There are at least 2 dividend periods during a year, then franked div's tax returns - surely there not sitting in bank accounts OR under beds?

So the Old saying "You've got to be in it to WIN it!" may be the way many approach 2023 - you might do it alone or perhaps PAC or similar will add some depth of knowledge & better target investment? Time will tell!

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Hi @MarkHGO

PAC momentum is building into the quarterly FUM report due 27/01. We should have another bumper quarter in growth that exceeds all other ASX listed Fund Managers, particularly Victory Park, Banner Oak and PennyBacker (Believe we will get close to 7% quarterly growth).

We already know GQG's FUM grew for the quarter at 5%, higher than all ASX listed Fund Managers, PAC's group of boutiques should be higher than this.

PAC should also be close to buying another smaller boutique or two with borrowed money from SOL and converting funds invested in the ALTI convertible note into equity. This will accelerate FUM growth through 2023.

The good news should outweigh possible negatives in Nereus and Blackcrane being closed down or sold.

Best of Luck
Lost

PAC Price at posting: $7.50 Sentiment: Buy Disclosure: Held
4 Upvote

2 Great analysis

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