Pinnacle Investment Management Group Ltd Announces Trading Pause for Funds
Key points
- Metrics Master Income Trust, Metrics Income Opportunities Trust, and Metrics Real Estate Multi-Strategy Fund are pausing trading.
- Funds are managed by Metrics Credit Partners Pty Limited, an affiliate of Pinnacle.
- Pinnacle holds a 35% equity interest in Metrics Credit Holdings Pty Limited.
Full summary
Pinnacle Investment Management Group Limited (ASX:PNI) has announced that the Metrics Master Income Trust (ASX:MXT), Metrics Income Opportunities Trust (ASX:MOT), and Metrics Real Estate Multi-Strategy Fund (ASX:MRE) have entered a temporary pause in trading. These funds are managed by Metrics Credit Partners Pty Limited, an affiliate of Pinnacle. Pinnacle holds an approximately 35% equity interest in Metrics Credit Holdings Pty Limited, the holding company of Metrics. Metrics Credit Holdings Pty Limited contributed approximately $12.6 million of Pinnacle's NPAT of $176.7 million for the financial year ended 30 June 2026.
Outlook
No specific outlook provided in the announcement.
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