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) ) has provided an update.
Pacific Current Group Limited reported an increase in total Funds under Management (FUM) to A$31.0 billion for the quarter ending March 31, 2025, up from A$30.0 billion. This growth was driven by significant inflows, particularly from the USD-denominated fund manager Pennybacker, and market revaluations. The company highlights that the economic benefits derived from these FUM can vary due to factors like fees, ownership interests, and unique economic terms with each boutique, cautioning against simple extrapolation of results based on FUM trends.
More about Pacific Current Group Ltd
Pacific Current Group Limited is a multi-boutique asset management firm that focuses on providing value to shareholders, investors, and partners through strategic resources such as capital, institutional distribution capabilities, and operational expertise. The company has investments in eight boutique firms globally as of April 2025.
YTD Price Performance: -0.07%
Average Trading Volume: 361
Technical Sentiment Signal: Sell
Current Market Cap: $218.1M
For a thorough assessment of PAC stock, go to TipRanks’ Stock Analysis page.