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Asia

Pinnacle Investment Management Group Fiscal 2026 Adjusted Earnings, Revenue Up

Pinnacle Investment Management Group (ASX:PNI) logged AU$0.61 in adjusted EPS for the fiscal 2026, compared with AU$0.53 a year ago, a late Tuesday filing showed.Analysts polled by FactSet expected earnings of AU$0.65.For the 12 months ended June 30, revenue was AU$109.7 million versus AU$65.5 million previously, the Australia-listed investment management firm added. Analysts surveyed by FactSet expected AU$94.7 million.The board declared a final dividend of AU$0.31 per share, up from AU$0.27 a year earlier, payable Sept. 25 to shareholders on record as of Sept. 1.

ASX:PNI
Asia

Service Stream Says Pinnacle Investment Management Raises Stake

Service Stream (ASX:SSM) said Pinnacle Investment Management Group (ASX:PNI) boosted its voting power in the firm to 6.22% from 5.19% as of May 28, according to a Tuesday Australian bourse filing.Pinnacle Investment now holds 38.5 million shares of the firm.

ASX:PNIASX:SSM
Asia

Pinnacle Investment Management Group Secures UK, Dubai Approvals for Pacific Asset Management Takeover

Pinnacle Investment Management Group (ASX:PNI) secured regulatory approvals from the UK Financial Conduct Authority and the Dubai Financial Services Authority to acquire the remaining more than 79% stake in Pacific Asset Management, according to a Monday filing with the Australian bourse.The approvals have satisfied the remaining conditions precedent for the transaction, so the completion of the acquisition is now expected to take place on Friday, the filing added.

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