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	<title>Financial Standard Comments - Platinum banks on merger positives amid dismal FY25 result</title>
	<description>With assets and profits down 30% in the year, Platinum Asset Management's hopes of recovery are pinned on the L1 Capital deal and subsequent rebranding to L1 Group.</description>
	<link>https://www.financialstandard.com.au/feed/latest?story=179809708</link>
	<lastBuildDate>Thu, 28 Aug 2025 14:10:36 +1000</lastBuildDate>
	<pubDate>Thu, 28 Aug 2025 14:10:36 +1000</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Financial Standard</copyright>
	<ttl>5</ttl>
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		<title>Comment by Luke M (Bayside Financial Planning)</title>
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<p><p>Imagine having 15 years of disastrous performance all the while being at the upper end of fees and hoping you can attract inflows again with a bit of a turnaround in performance. Platinum&#39;s only use is being a wonderful advertisement for Vanguard and Betashares.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Luke M (Bayside Financial Planning)</dc:creator>
		<pubDate>Thu, 28 Aug 2025 14:10:36 +1000</pubDate>
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