Platinum boss Andrew Clifford and his investment team declined to accept any bonuses in 2018-19 after what the fund manager described as a disappointing investment performance and a 17 per cent decline in annual profit.

"No member of the investment team received any variable awards under the profit share plan and the chief executive officer (CEO)/chief investment officer, Andrew Clifford, elected not to receive any variable awards for the 2019 financial year, either under the CEO plan or the investment team plan," the global equities manager said.