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Replies to post #17321 on SMC Entertainment Inc (SMCE)
StockRoomBully
02/07/22 1:15 PM
#17324 RE: threewheeler #17321
After completing the successful acquisitions SMC/Genesis will have approximately AUD$2 billion of funds under management.
Each acquisition we have identified both in Australia and the US is targeted to increase the FUM and FUA as well as the access to distribution and product pipeline both domestically and cross border.
The correlation between funds under management and expansion of growth is a key advantage when commencing a fund management business. The acquisitions will provide us a greater speed to market, while building FUM and allowing direct access to our platform.”