Anthony Doyle bounces back to Pinnacle
Anthony Doyle has returned to Pinnacle, less than two months after leaving to join Schroders as an investment director.
Doyle previously worked at Pinnacle affiliate Firetrail Investments as its head of investment strategy before departing in December 2024 as part of a series of exits that included portfolio manager Oscar Hutchinson, investment specialist Chris Robinson, and global equities analyst Georgia Locke, who had stepped down from the company.
He then joined Schroders in February 2025 as investment director for global equities. At the time, Schroders said his focus would be representing the fund manager’s global equity capabilities across Australia and New Zealand.
However, it has now been announced that he has returned to the wider Pinnacle Group as chief investment strategist for its wholesale and retail distribution team. He will report to Kyle Macintyre, the firm’s head of wholesale and retail distribution.
Macintyre said: “We’re very pleased to welcome Anthony back to the Pinnacle Group. In this new role Anthony will provide valuable additional technical research capabilities within our distribution team, and also deliver economic updates and strategic asset allocation insights to clients.”
Prior to joining Firetrail, Doyle served as a director and cross-asset investment specialist at Fidelity and previously worked at M&G Investments, Pioneer Investments, and Macquarie Group.
In its financial results for the half year to 31 December, Pinnacle said its net profit after tax jumped 151 per cent to $75.7 million, up from $30.2 million in the prior corresponding period (pcp). This was helped by strong performance fees from nine affiliates that contributed $36.4 million to the NPAT, compared to $12.3 million in the pcp.
Funds under management (FUM) at the firm’s 18 affiliates were $155.4 billion, thanks to net inflows of $6.7 billion, “acquired” FUM of $27.9 billion and increases due to market movements, and investment performance of $10.7 billion.
Wholesale and retail investors contributed $3.7 billion in the six months to bring total wholesale and retail FUM to $35.4 billion.
Click here to read Money Management’s round-up of the manager moves during the first quarter of 2025.
AUTHOR
Laura Dew
Recommended for you
Lonsec and SQM Research have highlighted manager selection as a crucial risk for financial advisers when it comes to private market investments, particularly due to the clear performance dispersion.
Macquarie Asset Management has indicated its desire to commit the fast-growing wealth business in Australia by divesting part of its public investment business to Japanese investment bank Nomura.
Australia’s “sophisticated” financial services industry is a magnet for offshore fund managers, according to a global firm.
The latest Morningstar asset manager survey believes ETF providers are likely to retain the market share they have gained from active managers.
