Revenue ($m): 166.6, up 8.5% on year-earlier 153.6
Pre-tax profit ($m): 129.3 v 113
Net profit ($m): 90.4 v 79,1
Interim dividend: 12, payable March 18
Platinum Asset Management performance fees returned in the first half, thanks to the ability of the global equities manager’s flagship international, Asia and healthcare strategies to beat their benchmarks.
The investment manager recorded $3.7 million of performance fees (up from $34,000) on top of management fees of $127.3 million (down from $144.9 million).
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Vesna Poljak was The Australian Financial Review’s companies editor.
