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Platinum AM reports almost $1bn in outflows

Platinum Asset Management has reported net outflows of $912 million in August, the month also saw the resignation of founder and chief executive Andrew Clifford.

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Read more: PACGQGAndrew CliffordPlatinum Asset ManagementRiver CapitalPlatinum AMASXMagellan Financial GroupCathy CovaksRegal PartnersAndrew FormicaBT FinancialColette GarnseyDavid GeorgeFinancial StandardPacific Current GroupPlatinum Trust FundsTim Carver