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Pacific Current Group Limited (ASX:PAC)

ALERT: Price-sensitive ASX Announcement for PAC
Current share price for PAC : $11.140 -0.21 (-1.85%)+
Announcement
Release
31 Jul 2026 4:54PM
Price at Release
$11.350
Full Release
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Summary
Pacific Current Group Limited, a global multi-boutique asset management firm based in Australia, reported a total Funds under Management (FUM) of A$26.4 billion as of 30 June 2026. Over the quarter, there was a 1.8% increase in FUM for continuing boutiques, attributed to investment performance and market movement, despite modest net outflows and the impact of a stronger AUD. The exit of Aether in June 2026 led to a 6.4% decline in total FUM in AUD terms. Despite this, the underlying FUM showed growth. The report advises caution against oversimplified projections based on FUM trends, as economic returns can vary due to fees, ownership interests, and negotiated economic terms with each boutique.
Key Points
  • Total FUM managed by PAC's boutiques was A$26.4 billion as at 30 June 2026.
  • Continuing boutiques saw a 1.8% increase in FUM during the quarter.
  • The FUM growth was driven by investment performance and market movement.
  • There were modest net outflows and a stronger AUD affecting the FUM.
  • Aether's exit in June 2026 caused a 6.4% decline in total FUM in AUD.
  • Underlying FUM grew over the quarter, adjusting for Aether's exit.
  • The relationship between boutiques' FUM and PAC's economic benefits can vary.
  • Caution advised against simple extrapolation of PAC's results based on FUM trends.
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.