Pinnacle Investment Shares Lag ASX 200: Here’s Why
Pinnacle Investment (ASX: PNI) shares fell 4.62% to A$13.32, extending a 21.07% monthly decline. The drop follows an audit standoff at affiliate Metrics Credit Partners, which has suspended trading in three listed funds (MXT, MOT, MRE) and halted redemptions. KPMG's inability to provide an audit opinion and NTA cuts of A$160M-A$170M have raised valuation concerns. Pinnacle's earnings may be impacted due to its 35% stake in Metrics, which contributed 7% to its FY26 NPAT.


