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 |
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The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
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.