Zenith recommends Platypus Australian Equity Fund
Zenith Investment Partners has upgraded its rating for the Platypus Australian Equities Fund to ‘recommended’.
The Platypus Systemic Growth was also rated for the first time and received a ‘recommended’ rating. The recommended ratings for both funds were primarily due to the consistent application of Platypus’ investment process which had delivered strong excess returns.
Zenith said it was encouraged by the stability and growth of the Platypus business.
Gary Adamson, chief executive officer at Platypus Asset Management, said the recent upgrades cap off another year of solid growth.
“Platypus celebrates its 20th anniversary this year and we are proud of the returns we have delivered for investors over this time and the manner in which we have gone about delivering the returns,” Adamson said.
The rating upgrades for both funds followed their recent addition to MLC Wrap and approved investment lists for the MLC adviser network.
AUTHOR
Chris Dastoor
Recommended for you
Selfwealth has provided an update on the status of its scheme implementation deed with Bell Financial Group as well as whether rival bidder Svava remains in the picture.
Magellan Financial Group has reported its first half FY25 results while appointing a new chief financial officer and promoting Sophia Rahmani to chief executive.
Schroders Australia has launched two active ETFs and plans to further expand its listed range over the year ahead.
Platform Netwealth has reported its financial results for the first half of FY25, reporting an 80 per cent increase in net flows, with its CEO viewing a “huge opportunity” from private assets.
