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Full Year 2023 Pacific Current Group Ltd Earnings Call Transcript
Thank you for standing by, and welcome to the Pacific Current Group 2023 Full Year Results. (Operator Instructions)
I would now like to hand the conference over to Mr. Paul Greenwood, CEO and CIO. Please go ahead.
Thank you all for joining us for the Pacific Current Group Full Year 2023 conference call. We appreciate your interest in the company and look forward to walking through last year's results and where we see the business heading this year. As I'm sure many of you are aware, there's a lot going on at PAC. So I will jump right into it.
On Page 3 of our presentation, we cover some of the highlights for the year. Among the operational highlights, I note the following: a strong 16% growth in assets under management, up to AUD 204 billion. We had 9% growth in ownership adjusted FUM from USD 12.9 billion to USD 14.1 billion. We made a $30 million investment in Cordillera Investment Partners. And we sold part of our investment in Proterra
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