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Showing 51 - 60 of 416 results for "Platinum"

Platinum awards mandate to Northern Trust

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2025
Northern Trust has been appointed by Platinum Asset Management to provide comprehensive asset servicing solutions across its Australian funds. Under the terms of the new mandate, Northern Trust will provide custody, fund administration, regulatory reporting ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
Platinum Asset Management grew its assets under management (AUM) in the last month of 2024 to end up with $11.1 billion. The fund manager made a net gain of $93 million during the month of December despite experiencing outflows of $289 million. Some ...

Regal, Magellan book performance fees

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
... Merricks Capita l for $235 million and gained a stake in Argyle Group. Regal called it quits on its attempted takeover of Platinum Asset Management in early December. Separately, Magellan Financial Group's FUM dipped to $38.6 billion from $39.1 billion ...

Perpetual awards mandate to Equity Trustees

KARREN VERGARA  |  TUESDAY, 7 JAN 2025
... a regular pension from an accumulated superannuation upon retirement. On 16 December 2024, the Super Plan closed the Platinum International Investment option to new members. It will terminate on or around 18 February 2025. Last month, Ares Management ...

Platinum, Regal put acquisition talks to bed

JAMIE WILLIAMSON  |  MONDAY, 9 DEC 2024
After completing due diligence, Regal Partners says it is no longer interested in acquiring Platinum Asset Management. It comes as the latter confirms its first deal under the new Platinum Partner Series initiative. In late September, a bid from Regal ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
Platinum Asset Management suffered its second consecutive strike against its remuneration report but managed to avoid a board spill. Yesterday, 73% of shareholders overwhelmingly voted against adopting the remuneration report at the annual general meeting ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
Platinum Asset Management is seeking out institutional fund managers looking to break into the retail market as it also attempts to enter new asset classes and differentiate itself from a multi-boutique model. Platinum chief executive and managing director ...

GROW Inc. chief executive steps down

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... several super funds as clients, including Vanguard, HESTA, and NGS Super. It also services T. Rowe Price, Citibank, and Platinum. Having just finalised the transition of Australian Ethical on to its platform, Keeley said he feels now is the time to appoint ...

Asset managers need to improve performance: Morningstar

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... modestly so. While Challenger is showing fundamental improvements, firm-specific issues are limiting gains. Perpetual and Platinum are struggling, given weak flows," Ler said. "Asset managers need to improve performance, cut costs, better align remuneration ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... billion fund manager said. Regal has eight alternatives funds management businesses. It is currently bidding to takeover Platinum Asset Management as both sign a confidentiality deed and undergo due diligence. This follows a rejection of Regal's ...