Platinum

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...

Funds management

Platinum returns to FUM decline as it awaits revised Regal bid

Platinum Asset Management has announced its funds under management fell during October, a return to outflows after a gain in the previous month. ...

Financial planning

The 2 factors driving wealth management M&A boom

The wealth management sector is bucking the global trend of declining M&A and two industry-specific factors could mean it sees a further uptick in 2025, according to Delo...

Funds management

Platinum reports first FUM rise in 7 months

Platinum Asset Management has seen its first rise in funds under management in seven months, helped by positive investment performance. ...

Funds management

Platinum board reaches unanimous verdict on Regal bid

The board of Platinum Asset Management has reached a “unanimous conclusion” regarding a proposal from Regal Partners to acquire the company....

Funds management

Rival managers eye Platinum Asset Management bid

It is understood that Regal Partners is not the only asset manager taking an interest in a bid for Platinum Asset Management with multiple firms expected to emerge....

Funds management

Should Platinum proceed with Regal merger?

A potential acquisition of Platinum Asset Management by Regal Partners will be beneficial for the “challenged” fund manager, believes Morningstar, but it has warned fund ...

Funds management

Regal takes aim at Platinum in new takeover bid

Platinum is “considering the merits” of being the specialist alternative manager’s latest M&A target....

Funds management

Platinum suffers further outflows in August

Platinum Asset Management’s funds under management was $12.23 billion at the end of August, down from $13.03 billion in July....

Funds management

How did Aussie fund managers fare in FY24?

Money Management rounds up the financial results for Australia’s listed fund managers. ...

Funds management

Platinum unveils insto partnerships to boost growth

Platinum has announced it will partner with global institutional managers to help boost their retail presence as part of its new growth strategy as well as reporting a 44...