ASX Announcements
Notification of cessation of securities - PTM
Appendix 3H (Notification of cessation of securities)
- Jan 9, 2025
- 5 pages
Market Sensitive
Funds Under Management and Performance Fees - December 2024
Periodic Reports - Other
- Jan 9, 2025
- 1 page
Update - Dividend/Distribution - PTM
Dividend Record Date, Dividend Pay Date, Dividend Rate
- Dec 13, 2024
- 4 pages
Market Sensitive
Dividend Record Date, Dividend Pay Date, Dividend Rate
- Dec 9, 2024
- 4 pages
Market Sensitive
RPL: Regal no longer pursuing a combination with Platinum
Withdrawal of Offer, Takeover - Timer Applied
- Dec 9, 2024
- 2 pages
This Month
Regal Partners tops $18b as Magellan falters
Phil King’s Regal shows little sign of slowing down as former industry leader Magellan fails to gather its former momentum.
- Joshua Peach
December 2024
Judith Neilson timed Platinum exit to perfection
It takes love to build a business. But knowing when to sell? We’d take the cold calculations of a divorcee over a founder any day.
- Myriam Robin
- Opinion
- Chanticleer
This one word explains why Regal’s tilt at Platinum collapsed
The two companies are a long way apart on the merits of a tie-up, but both camps can agree on one thing.
- James Thomson
Platinum sinks as Regal takeover hopes dashed
More than $1 billion in outflows in October and November have ended the chances of a higher Platinum bid from the hedge fund giant.
- Joshua Peach
Platinum suffers $840m outflows in big blow to turnaround plans
The prominent equities investment house said one institutional investor had pulled $537 million as it disclosed its November funds figures.
- Kylar Loussikian
November 2024
Platinum founder leads shareholder protest over exec pay
Platinum’s board was hit with a dreaded second strike after founder Kerr Neilson led a shareholder revolt against the company’s remuneration report.
- Jonathan Shapiro
Platinum’s suitors lurk ahead of testy AGM
WAM’s interest in Platinum would be a key talking point at the latter’s AGM at 10am on Tuesday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
October 2024
Platinum Asset Management board meets to vet interlopers
Regal is understood to have convened a board meeting for Monday to attain the final approvals on submitting an improved offer.
- Sarah Thompson, Kanika Sood and Emma Rapaport
D-day looms for Regal’s bid to acquire Platinum Asset Management
Street Talk understands Strapp has called a board meeting for after Friday’s closing bell, presumably to pre-empt Regal’s next move and prepare its response.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Platinum lets in Phil King’s Regal in anticipation of higher bid
The three-decade old global equities firm founded by veteran stock picker Kerr Neilson has agreed to give its would-be suitor access to non-public information.
- Joshua Peach
September 2024
Platinum rejects bid; BlueScope circles Whyalla; BYD’s new ute
Read everything that’s happened in the news so far today.
Platinum rejects Regal’s takeover on value grounds
Regal Funds offered 0.274 of its own shares for every Platinum Asset Management share plus a special dividend. But that wasn’t enough.
- Jonathan Shapiro
Regal’s Platinum play | What US cuts mean for the RBA | Will bank shares ever fall?
This week James and Anthony go inside Regal’s bid for Platinum and question the Fed’s call on rates.
ASX touches record; Regal’s Platinum play; Trump blames Harris
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
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.
- James Thomson
Phil King’s Regal homes in on biggest M&A target to date: Platinum
Founded by billionaire stockpicker Kerr Neilson three decades ago, Platinum has been in a world of pain as investors have pulled money amid poor returns.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August 2024
Platinum profit falls as funds flee on performance
The investment manager blamed poor performance for shrinking inflows, but said “green shoots” were coming through on investment returns.
- Jonathan Shapiro and Joshua Peach
May 2024
Platinum’s marketing, client relations boss a $1m earner
The huge pay packet for the fund manager’s marketing guru has turned heads given its tumbling funds under management and share price.
- Tom Richardson
April 2024
Platinum’s $2.2b Asia fund downgraded by Morningstar post team changes
Influential research house Morningstar has downgraded Platinum’s Asia fund after CIO Andrew Clifford stepped away from the $2.2 billion strategy.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Barrenjoey axes sell-side research on Platinum Asset Management
Barrenjoey fired off a note, signed by insurance and diversified financials duo Andrew Adams and Niva Chandrasekaran, saying it would “cease coverage” on Platinum.
- Sarah Thompson, Kanika Sood and Emma Rapaport