Platinum banks on merger positives amid dismal FY25 resultBY JAMIE WILLIAMSON | THURSDAY, 28 AUG 2025 12:41PMWith 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. Related News |
Editor's Choice
Advisers lean on AQF7 to meet education standards: Rainmaker
A new report indicates that Australian Qualifications Framework (AQF) 7 qualifications are the most common forms of qualification among financial advisers, held by 85% of the population.
Labor commits to compulsory super for under-18 workers
Labor has unanimously supported extending superannuation to under-18 Australian workers.
Trump slugs Australia with new 'forced-labour' tariffs
US President Donald Trump will slug trading partners, including Australia, with new tariffs of 10% to 12.5% on the premise of pressuring foreign governments to strengthen bans on "the importation of goods produced with forced labour."
Centuria quashes governance allegations amid fund downgrades
Centuria Capital Group has swiftly provided a response to media reports suggesting that its exposure to the Bathla Group, a Sydney-based property constructor and developer, raised questions over its governance, following a downgrade of one of its private credit funds this week.
Further Reading
Products
Featured Profile

Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.







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's only use is being a wonderful advertisement for Vanguard and Betashares.