Make Platinum great again: Inside Regal’s rescue mission
Platinum has been in decline for a decade. Phil King’s Regal is hot property. This is a deal that speaks to the shifting fortunes of Australia’s funds management sector.
In one way, Regal Partners’ bid for Platinum Asset Management is a classic story of hot versus not.
Regal and its talismanic co-founder Phil King are on the up and up. Its shares have risen 45 per cent this year.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com