Fund manager Platinum cops outflows in June
Joanne TranMarkets reporter
Platinum suffered net outflows of $232 million last month and says it earned just $1 million in performance fees over the 2023 financial year.
The ASX-listed money manager reported $17.3 billion in funds under management for the end of June, down from the $18 billion recorded in May. This included approximately $162 million in net outflows from its Platinum Trusts Funds.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Equity markets
Fetching latest articles