The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Investment

Platinum outflows drag performance

BY KARREN VERGARA | FRIDAY, 30 AUG 2024 12:36PM

Persistent outflows cost Platinum Asset Management dearly in the last financial year as it hopes its new business unit, the Platinum Partner Series, will improve returns and stabilise flows.

Upgrade your subscription to access this article

And gain access to:

All website content, including archived news
Home page news customisation
Tech Zone, your technical resource library

And more

Already A Subscriber?

UPGRADE SUBSCRIPTION

VIEW COMMENTS

Related News

►	Apostle taps former Platinum AM chief
►	L1 Group posts 'marked recovery' in June quarter
►	Apostle names new head of distribution
►	L1 Group appoints finance chief
►	Canopy Investors shuts doors, winds up fund
►	Rodney Forrest re-sentenced for $3m insider trading
►	Platinum Asset Management awards back-office mandate to Apex Group
►	Vale Steven Glass
►	Fidante shutters Ox Capital
►	L1 Group eyes golden returns with new LIC

Editor's Choice

RBA on hold but keeps door open for more hikes

ELIZA BAVIN

The Reserve Bank of Australia has kept the door open for further tightening despite keeping the cash rate steady at 4.35%.

DASH appoints new chief executive

KARREN VERGARA

DASH Technology Group appointed a new chief executive, replacing the incumbent who left the company in May.

GQG sees $6.4bn outflows in July

VINNY VUCAGO

GQG Partners recorded another significant month of client redemptions in July, with net outflows of US$4.5 billion ($6.4b), as the global fund manager continued to face pressure on funds under management.

A tough year for high-duration bond investors: Morningstar

MATTHEW WAI

New analysis depicted duration as the biggest headwind for bond investors, with both Australian and global bonds labelled as the "laggards" against their peers over the 12 months to June end.

Videos

Brought to you by

Reframing financial advice

Product showcase: A guaranteed future

MAX: Marketing, Advertising and Sales Excellence Awards | Highlights 2026

Calm in the chaos

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE

Effie Dimitropoulos

Chief executive

AUDD

Digital assets and where they stand in 2026

So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.

READ MORE

Jessica Sclafani

Global retirement strategist

T. Rowe Price

Rethinking default design in a changing market environment

The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.

READ MORE

Industry Events

MORE INDUSTRY EVENTS

OCT

SMSF Audit Day

Featured Profile

MORE PROFILES

Andrew Gregory

CHIEF ADVICE OFFICER
UNISUPER

After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.

READ MORE