{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/69d73b5934b90cef2bd16288/6aec0e590bf1ec6d9e29ba32?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Should you invest in a listed fund manager? We asked the experts","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/69d73b5934b90cef2bd16288/1793855145468-bde64ccc-3251-469c-a13e-bdc5fadc76eb.jpeg?height=200","description":"<p>Funds management can be a brilliant business. High margins, scalable operations and recurring revenue. But does that make listed fund managers a good investment?</p><p><br></p><p>Ally is joined by Luke Laretive from Seneca and James Gerrish from Market Partners to debate four ASX-listed investments. From Regal Partners and MA Financial to Pinnacle and WAM Capital, they unpack the valuations, risks and opportunities, and reveal which stocks they&#39;d buy and which they&#39;d sell.</p><p><br></p><p><strong>Stocks Mentioned:</strong></p><p>Regal Partners (ASX: RPL)</p><p>MA Financial Group (ASX: MAF)</p><p>Pinnacle Investment Management Group (ASX: PNI)</p><p>WAM Capital (ASX: WAM)</p><p><br></p><p><strong>Chapters:</strong></p><p>00:00 Should You Invest in Fund Managers?</p><p>00:39 Regal Partners: A Bargain After the Sell-Off?</p><p>05:55 MA Financial: The Risks in Private Credit</p><p>11:07 Pinnacle: Is Diversification Enough?</p><p>15:31 WAM Capital: Both Experts Say Sell</p><p><br></p><p>This episode was recorded 28 October 2026.</p><p><br></p><p>———</p><p><br></p><p><strong>Want more Equity Mates?</strong> Across books, podcasts, video and email, however you want to learn about investing, we’ve <a href=\"https://linktr.ee/equitymates\" rel=\"noopener noreferrer\" target=\"_blank\">got you covered</a>.</p><p><br></p><p>Keep up with the news moving markets with our <a href=\"https://tinyurl.com/2saau2ky\" rel=\"noopener noreferrer\" target=\"_blank\">daily newsletter</a> and podcast (<a href=\"https://tinyurl.com/yxm3mm2c\" rel=\"noopener noreferrer\" target=\"_blank\">Apple</a> | <a href=\"https://tinyurl.com/299dedpd\" rel=\"noopener noreferrer\" target=\"_blank\">Spotify</a>).</p><p><br></p><p>Want more from Buy or Sell host Ally? Check out Basis Points</p><p><br></p><ul><li>Listen to the podcast (<a href=\"https://tinyurl.com/2zmumf7v\" rel=\"noopener noreferrer\" target=\"_blank\">Apple</a> | <a href=\"https://tinyurl.com/mr4x8tae\" rel=\"noopener noreferrer\" target=\"_blank\">Spotify</a>)</li><li>Watch on <a href=\"https://tinyurl.com/yc596wem\" rel=\"noopener noreferrer\" target=\"_blank\">YouTube</a></li><li>Subscribe to the weekly <a href=\"https://basispoints.beehiiv.com/\" rel=\"noopener noreferrer\" target=\"_blank\">email</a></li></ul><p><br></p><p>———</p><p><br></p><p>Buy or Sell is a product of Equity Mates Media.</p><p><br></p><p>This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence.</p><p><br></p><p>Equity Mates Media operates under Australian Financial Services Licence 540697</p>","author_name":"Equity Mates Media"}