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Platinum funds leak over $100mBY KANIKA SOOD | THURSDAY, 8 AUG 2019 12:40PM
Platinum Asset Management reported $108 million in net outflows in July, including $54 million net that flowed out of its trust funds during the month.
Read more: ASX, Platinum Asset Management, Platinum Asia Fund, Platinum European Fund, Platinum Global Fund, Platinum International Brands Fund, Platinum International Healthcare Fund, Platinum Japan Fund, Platinum Technology Fund, Platinum Unhedged Fund
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Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that.
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