PLATINUM

Funds management

Following a strategic review, Platinum has announced it will merge its two listed investment companies with two of its quoted managed hedge funds. ...

Funds management

Listed fund managers have shared their final funds under management tallies for FY24 and how much they have grown during the year....

Funds management

Platinum Asset Management has shared an update on its “growth and reset” turnaround strategy and FUM at the end of the financial year. ...

Funds management

From multiple fund closures to a blockbuster IPO, Money Management collates the most significant news in the funds management industry over the past three months....

Funds management

Platinum Asset Management is closing its Platinum World Portfolios and its London office as part of the business “turnaround program” announced in February....

Funds management

Platinum Asset Management has seen redemptions plateau in May following heavy outflows in the past two months. ...

Funds management

Rather than gathering new clients and launching new products, the key focus of asset managers right now is to ensure their existing clients are top priority in a bid to p...

Funds management

Platinum Asset Management saw outflows of $1.65 billion in April, partly as a result of redemptions from institutional mandates and product rationalisation initiatives....

Funds management

Platinum Asset Management chief executive, Jeff Peters, has shared a progress update on its newly announced turnaround strategy....

Funds management

Platinum Asset Management has reported its latest funds under management figures, with the firm forecasting a further $1.2 billion in redemptions ahead from its instituti...

Funds management

Platinum has acknowledged its returns have not met expectations of clients or advisers, but says its investment philosophy will remain unchanged in the face of the firm’s...

Funds management

Hot on the heels of announcing its turnaround strategy, Platinum Asset Management has shared its latest fund under management figures, reporting its largest outflows for ...

Funds management

Asset manager Platinum has announced to the ASX that a “turnaround is required and underway” as it battles with net outflows and declining revenue. ...

Funds management

Platinum Asset Management has confirmed the new successor for co-founder Andrew Clifford to work as chief executive and managing director. ...

Funds management

The firm will seek a new CEO to succeed Andrew Clifford, who steps down after five years to focus on his position as co-CIO and co-portfolio manager of Platinum’s global ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 1 week ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

3 weeks 4 days ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

3 weeks 2 days ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

2 weeks ago