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Showing 1 - 5 of 5 results for "PAXX"

PM Capital hits back at Platinum after offer rejected

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... non-binding indicative proposal, deciding instead to move forward with plans to merge with the Platinum Asia Fund Complex ETF (PAXX). PGF said it was "surprised" with the outcome after PAI said the PGF offer was "not superior" to the PAXX offer. "PGF ...

Platinum funds merger to go ahead

ELIZA BAVIN  |  MONDAY, 7 APR 2025
... the PM Capital Global Opportunities Fund and will move forward with plans to merge with the Platinum Asia Fund Complex ETF (PAXX). PAI's independent board reviewed both merger opportunities and rejected the PM Capital offer on the grounds that it was ...

PM Capital confirms proposal to acquire Platinum funds

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... $1.30 per PAI share, reflecting a 20.1% premium to PAI's latest closing price - well above the 1.8% premium under the PAXX proposal. The PAXX proposal is a plan by Platinum Investment Management to merge PAI with the Platinum Asia Fund (Quoted Managed ...

Platinum expands North American footprint

KARREN VERGARA  |  FRIDAY, 20 OCT 2017
... International Managed Fund (Quoted Managed Fund) trading under PIXX, and the Platinum Asia Fund (Quoted Managed Fund) trading under PAXX. PIXX invests in an underlying performance fee class of the $10 billion Platinum International Fund. PAXX invests ...

Platinum covers cost for new listed funds

ALEX BURKE  |  FRIDAY, 25 AUG 2017
... International Managed Fund (Quoted Managed Fund) trading under PIXX, and the Platinum Asia Fund (Quoted Managed Fund) trading under PAXX. They have been structured as feeder funds for Platinum's unlisted vehicles: the $10 billion International Fund (PIF) ...
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