Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Pacific Current Group Ltd ( (AU:PAC) ) has issued an update.
Pacific Current Group reported that funds under management across its boutique asset managers fell to A$28.2 billion at 31 March 2026 from A$28.8 billion three months earlier. The 2.2% decline in aggregate FUM in Australian dollar terms was largely driven by investment performance and the appreciation of the Australian dollar, although the firm’s sole AUD-denominated boutique saw a 1.1% gain on the back of positive investment returns.
Managing director Michael Clarke said overall FUM remained broadly stable, with Astarte, Global IMC, Pennybacker and Roc Partners generating modest net inflows and market-related gains, while Victory Park’s inflows were offset by weaker performance. Pacific Current also stressed that movements in boutique FUM do not translate directly into its own earnings, given variations in fee structures, ownership stakes and bespoke economic terms across its portfolio, and urged investors not to extrapolate results purely from FUM trends.
More about Pacific Current Group Ltd
Pacific Current Group Ltd is a global multi-boutique asset management firm that partners with specialist investment managers worldwide. The company deploys capital, institutional distribution capabilities and operational support to its boutique partners, and as of late April 2026 holds investments in eight boutique asset management firms globally.
Average Trading Volume: 29,141
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$305.7M
For a thorough assessment of PAC stock, go to TipRanks’ Stock Analysis page.