Pacific Current Group updates on FUM as on 30 September 2022

Pacific Current Group Limited (ASX:PAC) has released data related to total Funds under Management (FUM) as on 30 September 2022.

Highlights:

• Aggregate FUM grew 1.1% in AUD. In native currency, USD-denominated fund managers witnessed a drop in FUM by 6.1% stemming primarily from the sharp drop in global equity markets but partially counterbalance by strong net inflows.
• Apart from GQG, FUM increased 3.4% for USD-denominated fund managers and 7% for the AUD denominated fund manager.
• The Company’s private capital boutiques, led by Roc and Victory Park, continued to show strength. Out of 9 boutiques, 5 boutiques are receiving new commitments. GQG also had significant inflows during the quarter.
• PAC’s boutiques have received AU$7.1 billion of new capital commitments from 1 July 2021

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au