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Showing 1 - 10 of 14 results for "Platinum Investment Management"

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 ...

Administrators appointed to IPO Wealth

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
... Mawhinney also said it is taking Mayfair Platinum out of the market in response to a dispute with Platinum Investment Management over the use of the word platinum. He said Mayfair Platinum will re-emerge in the new financial year in a new form. He also ...

Mayfair to drop use of platinum

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
Mayfair 101 has settled its trademark dispute with Platinum Investment Management over the use of the word "platinum" in the Mayfair Platinum brand. The settlement requires Mayfair 101 to cease using its Mayfair Platinum brand name from 30 June 2020. ...
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