Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 418 results for "Platinum"

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 ...

Regal renews Platinum takeover talks

MATTHEW WAI  |  FRIDAY, 4 OCT 2024
The potential takeover of Platinum Asset Management is back on the cards as Regal Partners confirmed it signed a confidentiality deed and will shortly commence due diligence. This follows a rejection of Regal's bid late last month, where Platinum's ...

Platinum quashes Regal bid

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
Platinum Asset Management has rejected alternatives investment manager Regal Partners' takeover bid. Platinum's board unanimously decided that Regal's offer undervalued the company and wasn't in the best interests of shareholders. "The board of Platinum ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
Platinum Asset Management has confirmed it received a non-binding indicative proposal from Regal Partners. Platinum said it received the unsolicited proposal from Regal to acquire all the shares in Platinum via a scheme of arrangement. Under the offer ...

Platinum outflows drag performance

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
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. The 30% decrease in funds under management (FUM) to $13 billion ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... billion. Next in the line was AllianceBernstein at $185 million, Fidante at $161 million, Perth Mint at $86 million, and Platinum at $82 million. The top products by inflows in July were the Vanguard MSCI Index International Shares ETF ($357 million) ...

FICAP RockStar raises over $100k for charity partners

JAMIE WILLIAMSON  |  FRIDAY, 26 JUL 2024
... out the Financial Standard Best New Talent Award for their cover of 'Wannabe' by Spice Girls. This year's platinum sponsors for the event were BlackRock and Challenger. The gold sponsors are Alexander Funds, AZ NGA, BT, Colonial First State ...

FICAP to support Aussie icon in 2024

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
... claiming victory as overall winner with his rendition of 'Don't Look Back in Anger' by Oasis. This year's platinum sponsors for the event are BlackRock and Challenger. The gold sponsors are Alexander Funds, AZ NGA, BT, Colonial First ...

Platinum ends FY24 with $13bn FUM

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
Platinum Asset Management ended the 2024 financial year with $13 billion in funds under management (FUM), down nearly 30% from the prior year. The fund manager saw about $234 million exit in net flows in the month of June. The majority of this - $195 ...