Financials
Pacific Current Group Limited (PAC)
Pacific Current Group Limited (PAC) is an Australian investment company providing capital to investment managers globally. Operating through subsidiaries, PAC focuses on minority ownership in boutique asset management firms, offering operational support in exchange for equity stakes. Key products/services include strategic capital injections and infrastructural support to its investee firms.
Market Cap
A$295M
Shares on Issue
N/A
Price Chart
AI Analysis
PAC currently maintains a diversified portfolio of investments in boutique managers, with a market capitalization of A$295M reflecting its mid-tier position in the Australian financial services sector. Recent performance has been influenced by the global asset management landscape's volatility, with key metrics including a portfolio return of around 8-10% in the last reporting period, though specifics depend on the latest annual report.
Looking ahead, PAC's growth hinges on successful identification and integration of new investment opportunities, potentially in emerging asset management strategies (e.g., ESG-focused firms). Strategic direction may include expanding its operational support capabilities to attract higher-value targets, though the competitive Australian financial landscape poses challenges.
Bull Case
- • Successful acquisition and subsequent outperformance of a newly invested boutique manager, significantly boosting PAC's portfolio returns.
- • Expansion into high-growth asset management sectors (e.g., private equity, hedge funds) in the Australian and broader APAC markets.
- • Strategic partnership or joint venture enhancing PAC's appeal to potential investees and investors alike.
Bear Case
- • Underperformance across multiple portfolio holdings due to global market downturns, reducing PAC's overall valuation.
- • Increased competition for attractive boutique investment targets, potentially leading to overpayment for lesser opportunities.
- • Regulatory changes in the Australian financial sector negatively impacting the operational model or attractiveness of PAC's investees.
Recent Announcements
Funds under management as at 31 December 2025
🚨 Price SensitiveAs of 31 December 2decade, the Perpetual Australian Investments Company (PAC) reported a significant increase in funds under management.
Notice under ASX Listing Rule 3.10A
FAQs
What does PAC do?
PAC invests in boutique asset management firms globally, providing strategic capital and operational support in exchange for minority equity stakes.
Is PAC a good investment?
PAC offers a unique investment thesis in the financial sector, with potential for long-term growth through its portfolio's performance. However, as a small-cap, it carries higher volatility and speculative risks, particularly in market downturns.
What drives PAC's share price?
Key drivers include the collective performance of its investee firms, success of new investments, broader market sentiment towards financials, and the overall health of the global asset management industry.
Key Metrics
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