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Showing 1 - 10 of 16 results for "Platinum Investment Management"

Platinum awards mandate, changes fund name

MATTHEW WAI  |  TUESDAY, 20 OCT 2026
... September-end for C Class investors and 24.1% for P Class investors. Last week, Equity Trustees acquired Platinum Investment Management from L1 Group to expand its responsible entity business. The transaction is part of L1 Group's cost reduction strategy ...

L1 Group sells Platinum's responsible entity to Equity Trustees

RIDDHIMA TALWANI  |  TUESDAY, 13 OCT 2026
L1 Group has offloaded Platinum Investment Management Limited (PIML) to Equity Trustees (EQT), handing over the responsible entity (RE) role for the Platinum funds while keeping investment management in-house. This is part of its cost reduction strategy ...

Platinum client yanks $580m

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
An institutional client will pull about $580 million from Platinum Investment Management. The unnamed client will take the money out of the Platinum Trust Funds over the course of October and November following a manager review. "It is expected the ...

Platinum to lose $1bn mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
Platinum Investment Management is set to lose a sizeable institutional mandate at the end of the week. The ASX-listed manager disclosed it received notice overnight that an institutional mandate worth about $958 million is to be terminated. The termination ...

PM Capital confirms proposal to acquire Platinum funds

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... compared to the Platinum International Fund (ASX: PIXX) proposal - a separate bid in July from Platinum Investment Management to merge PMC with PIXX. Under that proposal, PMC shareholders would receive PIXX units in exchange for their PMC shares, with ...

Platinum's FUM dips below $14bn

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
Platinum Investment Management's funds under management took a $1.65 billion hit to finish at $13.5 billion at the end of April. Most of the outflows came from an unnamed institutional investor walking away and product rationalisation initiatives ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
Platinum Investment Management flags it will lose at least $1.4 billion as a partial redemption from institutional clients over the next month, translating to an $18 million hit to revenue. One large client told the fund manager that it intends to rebalance ...

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
Platinum Investment Management unveiled its turnaround strategy as funds under management (FUM) continue to suffer institutional investor outflows and negative returns. The fund manager said its immediate priorities in the next few months is to cut ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2024
... like-for-like roles, which is not what the WGEA is measuring. Looking at a sample of fund managers, Platinum Investment Management has a median base salary gender pay gap of 41.9% and median total remuneration gap of 41%. Its upper pay quartile is just ...

More outflows for Platinum

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
Platinum Investment Management reported another month of net outflows as the fund manager confirmed the start date of its new chief executive. In December 2023, Platinum recorded net outflows of about $235 million to finish the year with $15.4 billion ...
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