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Showing 1 - 10 of 30 results for "Trust Funds"

Platinum client yanks $580m

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
... 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 redemption amounts will flow through ...

Platinum to lose $1bn mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
... the May numbers. In April, Platinum saw net outflows of about $243 million, including $215 million from the Platinum Trust Funds. The balance was the result of market movements. The mandate loss follows the news that Platinum is seriously considering ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... month of December despite experiencing outflows of $289 million. Some $247 million of these outflows left the Platinum Trust Funds. Total AUM, however, is 40% lower compared to the end of 2023, which was $15.4 billion. Platinum lost a mandate with Perpetual's ...

Platinum, Regal put acquisition talks to bed

JAMIE WILLIAMSON  |  MONDAY, 9 DEC 2024
... recorded close to $1 billion in outflows during November; a $537 million institutional mandate was lost, and the Platinum Trust Funds saw outflows of $239 million. It now has $10.9 billion in funds under management. "Regal has now completed its due diligence ...

Platinum ends FY24 with $13bn FUM

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... the month of June. The majority of this - $195 million - came from a series of strategies comprising the Platinum Trust Funds. Net outflows did not include distribution amounts of $218 million and distribution re-investments of $72 million. Despite continued ...

Platinum shutters London operations, UCITS funds

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2024
... under management, driven by net outflows of about $295 million that includes some $246 million leaving the Platinum Trust Funds.

More outflows for Platinum

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... 2022, Platinum's FUM was 15% higher at $18.2 billion. A large portion of net outflows stemmed from the Platinum Trust Funds of about $130 million. Platinum Trust Funds include eight unlisted managed funds and the Platinum Global Transition Fund. ...

Platinum AM reports almost $1bn in outflows

ANDREW MCKEAN  |  FRIDAY, 8 SEP 2023
... an institutional investor. The ASX-listed asset manager also experienced $205 million in outflows from its Platinum Trust Funds. Platinum AM's funds under management (FUM) dropped to $16.7 billion as at August 31, declining from $17.8 billion at the ...

Platinum loses $232m in FY23

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... $17.3 billion in funds under management (FUM) and said the June outflows included about $162 million from the Platinum Trust Funds. It further explained the losses do not include the impact of the distribution to unit holders of $566 million or the distribution ...

Director banned for eight years

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... investors and ASIC, a track record of incomplete and unsuccessful investment offerings, and misuse of Plazrok Investor Trust funds. In January, RES said Fox had handed over an asset valued at about $8.4 million to compensate the Plazrok Investor Trust ...
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