tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Pacific Current Group Reports Decrease in Funds Under Management Amid Currency Headwinds

Story Highlights
  • Pacific Current Group’s FUM decreased to A$30.0 billion due to currency appreciation.
  • Fundraising slowed, with modest net inflows and performance gains in native currency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pacific Current Group Reports Decrease in Funds Under Management Amid Currency Headwinds

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Pacific Current Group Ltd ( (AU:PAC) ) just unveiled an announcement.

Pacific Current Group Limited reported a decrease in total Funds under Management (FUM) to A$30.0 billion from A$31.0 billion for the quarter ending June 2025, primarily due to the appreciation of the Australian dollar. Despite this, fund managers experienced a 0.9% increase in native currency FUM, driven by modest net inflows and performance gains. The company’s executive director and acting CEO, Michael Clarke, highlighted that fundraising activity slowed, with currency headwinds affecting net FUM inflows. The economic benefits PAC receives from its boutiques vary significantly due to factors like fee structures and ownership interests, cautioning against simple extrapolation of results based on FUM trends.

The most recent analyst rating on (AU:PAC) stock is a Hold with a A$13.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.

More about Pacific Current Group Ltd

Pacific Current Group Limited is a multi-boutique asset management firm that focuses on providing exceptional value to shareholders, investors, and partners. The company leverages its strategic resources, including capital, institutional distribution capabilities, and operational expertise, to support its partners. As of July 2025, Pacific Current Group has investments in eight boutique firms globally.

Average Trading Volume: 31,499

Technical Sentiment Signal: Buy

Current Market Cap: A$326.6M

For a thorough assessment of PAC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1