Pinnacle awarded Distributor of the Year at the 2024 Zenith Fund Awards

Pinnacle Investment Management Group is pleased to announce it has been named Distributor of the Year at the 2024 Zenith Fund Awards.

Pinnacle’s distribution capability underpins the Group’s diverse global network of 16 Affiliated investment management boutiques. The team of over 50 professionals was recognised by Zenith as Australia’s leader in working alongside financial intermediaries to facilitate access to investment solutions and provide effective support in areas such as portfolio construction, fund data and analytics, and investment market insights.

Zenith also recognised the accessibility of Pinnacle’s affiliated investment teams and the quality of Affiliate strategies.

Over 80% of Pinnacle Affiliates’ strategies with a track record exceeding five years outperformed their benchmarks over the five-year period to 30 June, 2024*.

Kyle Macintyre, Pinnacle’s head of wholesale and retail distribution, thanked Zenith Investment Partners for the recognition.

“I would like to thank the team at Zenith for being an exceptional long-term partner to Pinnacle and our Affiliates, and most importantly for holding us and our industry peers to the highest levels of accountability because ultimately, this benefits the investors across the country who entrust us to grow and protect their capital.

“Our distribution team is a group of high calibre professionals, and this award is a testament to their dedication, professionalism, and expertise they deliver day-in-day-out.

“This award is also well-deserved recognition for our Affiliates who we are proud to represent. These investment professionals work tirelessly to achieve the outcomes clients seek and I would like to acknowledge each of the 16 world-class investment teams within our Group.”

Ian Macoun, Pinnacle’s managing director, said excellence in distribution is at the core of Pinnacle’s multi-affiliate business model.

“As a global multi-affiliate, we enable the most talented investors to operate in a client-centric boutique environment that is underpinned by the assurance of world-class distribution and infrastructure resourcing. So, while we believe there is no room for anything but excellence in investing, we also know there is no room for anything but excellence in the distribution, infrastructure and the middle-office services Pinnacle provides.

“We are proud of our unique multi-affiliate model which is continuing to grow rapidly and importantly we are always thinking about ways to evolve and refine what we do in order to maintain excellence in  how we work alongside clients and our Affiliates.”

At the Zenith Fund Awards, held of Friday October 19, several Pinnacle Affiliates were also recognised.

The category winners and finalists from the Pinnacle Group included:

Metrics Credit Partners

Winner – Best Private Markets Investment Manager

Hyperion Asset Management

Finalist – International Equities (Global)

Resolution Capital

Finalist – Australian Real Estate Investment Trust & Finalist – Global Real Estate Investment Trust

Solaris

Finalist – Australian Equities (Alternative Strategies) & Finalist – Australian Equities (Large Cap)

Ian Macoun – Industry Contribution Award

 

Pinnacle would like to acknowledge founder and managing director, Ian Macoun, who was the recipient of the Zenith Investment Partner’s Industry Contribution Award.

Ian was recognised for his significant contribution to the financial services industry.

Ian is a pioneer of the ‘boutique movement’ of fund managers. Prior to establishing Pinnacle, his career to date has included the establishment of Australia’s first “multi-boutique” funds management firm (Perennial Investment Partners; founding Managing Director, from 1998), building a major new investment corporation (Queensland Investment Corporation; inaugural Chief Executive, from 1988), and the reconstruction of a major Australian bank’s investment operation (Westpac Investment Management; Managing Director, from 1993).

His early experience, in more than 10 years at Queensland Treasury, included extensive involvement with many major Australian and International financial market participants, and leading the Queensland Government’s commercial participation in many major industrial development projects during the ‘boom’ years of the late 1970’s and the 1980’s.

We extend our congratulations to Ian.