Page 11 - Pacific Current News Today

Two of Australia’s best-known fund management houses were hobnobbing after the market closed on Wednesday.

GQG Partners funds under management (FUM) has surged to $104.1 billion as of June 30, reflecting 20.1% growth year on year.

The fund manager delivered another strong interim result with more business in the US, but remained tight-lipped about its interest in Pacific Current.

Shares open 1 per cent lower; Origin lifts after flagging stronger FY24; Ignhams up 13 per cent. US bonds yields hit 15-year high. Follow updates here.

From why the real pain is still to come for consulting’s big four to the generational divide exposed by CBA’s results. Here are ten thoughtful opinion pieces from the past week.

Hawaiian Electric Industries, Inc. (NYSE:HE) Q2 2023 Earnings Call Transcript August 7, 2023 Operator: Good afternoon and thank you for attending today’s Second Quarter 2023 Hawaiian Industries Inc. Earnings Conference Call. My name is Jason and I will be the moderator for today’s call. [Operator Instructions] I would now like to pass the conference over […]

A large redemption by a UK pension fund has failed to dent the funds under management of GQG in July, as it makes a bid for Pacific Current Group.

Regal’s Phil King, ex-Macquarie banker Jim Craig and Smorgon heiress Suzi Carp all suddenly want a slice of Pacific Current, Melbourne money’s hottest fund.

Shares are up 0.2pc; AMA reaffirms guidance; Origin revenue hit by lower oil prices; Pacific quarterly FUM jumps; Gold Road costs expected at top end of guidance. Follow updates here.

As Regal and GQG do battle for control of Pacific Current Group, the ASX-listed owner of investment managers said its firms had defied the tough fundraising conditions.