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Pacific Current Group Limited (ASX:PAC)

ALERT: Price-sensitive ASX Announcement for PAC
Current share price for PAC : $11.870 1.17 (10.93%)+
Announcement
Release
30 Apr 2026 5:21PM
Price at Release
$10.700
Full Release
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Summary
As of 31 March 2026, Pacific Current Group Limited (ASX: PAC) reported a decrease in total Funds Under Management (FUM) to AUD 28.2 billion from AUD 28.8 billion in the previous quarter. This 2.2% decline was primarily due to investment performance and the appreciation of the Australian Dollar. Despite the overall decline, the sole AUD-denominated fund manager within PAC's portfolio saw a 1.1% increase in FUM due to positive investment performance. The company's Managing Director, Michael Clarke, emphasized the stability of funds during the quarter, with Astarte, Global IMC, Pennybacker, and Roc Partners contributing to modest net inflows and market performance-driven increases. Notably, Victory Park experienced inflows that were countered by market performance-related decreases.
Key Points
  • FUM decreased to AUD 28.2 billion from AUD 28.8 billion.
  • 2.2% decline in AUD due to investment performance and AUD appreciation.
  • Sole AUD fund manager's FUM increased by 1.1%.
  • Astarte, Global IMC, Pennybacker, Roc Partners contributed to net inflows.
  • Victory Park had inflows offset by market performance.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.