Platinum

Funds management

Platinum rules out Smolinski’s return to fund management

Platinum chief executive Jeff Peters has indicated it is unlikely former co-chief investment officer Clay Smolinski will return to running the firm’s $4.2 billion flagshi...

Funds management

Platinum outflows jump over 120% as co-CIOs step back

Outflows from Platinum Asset Management jumped from $160 million to $358 million in February as the firm announced the exit of its co-chief investment officers....

Funds management

BML Funds to be wound up as manager departs for Platinum

Fund manager BML Funds, which has $1 billion in assets under management, is to be wound up as its chief investment officer Ted Alexander moves to Platinum....

Funds management

PM Capital bids for 2 Platinum LICs

PM Capital’s Global Opportunities Fund has made a binding offer to acquire the two listed investment companies run by Platinum Asset Management. ...

Funds management

Morningstar ups Platinum outflows forecast post co-CIO exits

The exit of co-CIOs Andrew Clifford and Clay Smolinski from Platinum has highlighted key person risk, with Morningstar raising its outflow forecast to 33 per cent of FUM ...

Funds management

Why did Regal back out of Platinum bid?

Regal Partners has expanded on its decision to walk away from a potential acquisition of Platinum as it shares its full-year results. ...

Funds management

Platinum NPAT halves amid $1.6bn retail outflows

Platinum Asset Management has seen its profits halve in the first half of FY25 to $15.9 million, attributed to the lower FUM after experiencing $1.6 billion in retail out...

Funds management

Platinum makes major investment team shake-up

Platinum Asset Management has announced co-chief investment officers Andrew Clifford and Clay Smolinski are to step down from their roles....

Funds management

Platinum reports lowest outflows in 18 months

Platinum Asset Management has announced an easing of the outflows experienced in 2024, reporting its smallest outflows in 18 months....

Funds management

The 3 fund managers set to be hit by client redemptions

Morningstar research of seven active Australian asset managers has found they are expected to see client redemptions averaging 3.1 per cent of their FUM per annum through...

Funds management

Platinum appoints Northern Trust for $11bn mandate

Platinum Asset Management has appointed Northern Trust to provide asset servicing solutions for their $11 billion Australian funds. ...

Funds management

Platinum outflows improve by 65%

Platinum Asset Management has released its latest funds under management, with outflows notably improving from the $841 million lost in November. ...

Funds management

Verdict reached on Platinum/Regal acquisition

Platinum Asset Management and Regal Partners have reached an agreement regarding whether to proceed with an acquisition following a period of due diligence, as Platinum o...

Funds management

Platinum sees initial ‘green shoots’ from turnaround

Platinum chief executive Jeff Peters says the firm’s turnaround strategy is beginning to demonstrate its first “green shoots” amid slowing outflows and improved investmen...