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Showing 1 - 10 of 13 results for "PMC"

PM Capital hits back at Platinum after offer rejected

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... after PAI said the PGF offer was "not superior" to the PAXX offer. "PGF is surprised with the outcome of the Platinum Capital (PMC) and PAI board's review and continues to believe that the PGF proposals offer PMC and PAI shareholders with significantly ...

PM Capital confirms proposal to acquire Platinum funds

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... Platinum Asset Management. PGF revealed it lobbed confidential, non-binding offers to snap up Platinum Capital Limited (ASX: PMC) and Platinum Asia Investments (ASX: PAI) by way of a scheme of arrangement. PGF said its proposals give shareholders in ...

Platinum shutters London operations, UCITS funds

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2024
... around strategy that involves cutting costs and reviewing its product lines and distribution channels. The Platinum Capital (PMC) and Platinum Asia Investments (PAI) strategies could be on the chopping block as the fund manager targets those that "lack ...

Platinum announces strategic review

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
Platinum Asset Management said it would be undertaking a strategic review of both Platinum Capital (PMC) and Platinum Asia Investments (PAI). Platinum said the boards of both PMC and PAI have noticed a trend away from close-ended investment vehicles ...

Umlaut acquires Specialist PMC

CHLOE WALKER  |  MONDAY, 4 JUL 2022
... clients crave more personalised Xplan support from an independent business," Umlaut director Shane Reid said. "Specialist PMC has an exceptional reputation in the industry which drew us to work more closely with them. "As one of the few independent consultancy ...

Takeovers Panel weighs in on WAM takeover

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... from 27.48% to 33.05%. The Takeovers Panel found "unusually extensive overlap in the boards and management of PGF, PAF and PMC" and that the group's delayed the implementation of governance protocols was unacceptable, which was when PAF made a sudden ...

Platinum LICs combine boards

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... equities LIC will now have a common board, as its Asia LIC's chair Malcolm Halstead retires. Platinum Capital Limited (ASX: PMC) and Platinum Asia Investments Limited (ASX: PAI) will both be chaired by PMC's current chair Margaret Towers. "As ...

Platinum LIC posts $29m in losses

KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
... Limited posted $29 million in net losses after tax for the half year ending December 31. The listed investment company (ASX: PMC) has $446 million in funds under management, invests in developed and emerging markets businesses, and is managed by co-founder ...

Former Paradice managers launch LIT

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... investors from accruing additional capital gains taxes in moving to the new listed structure. Ophir was advised by Maddocks, PMC Legal and Ernst & Young. It is an unusual move, with Mitchell saying it has only happened once in Australian funds management ...

Platinum slashes fees ahead of ETMF launch

ALEX BURKE  |  FRIDAY, 28 APR 2017
... in line with those used for its current listed investment companies, Platinum Asia Investments (PAI) and Platinum Capital (PMC). In its ASX statement, Platinum said the fee changes reflect a dedication to providing investors with a "differentiated offering ...
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