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Why Platypus got out of BHP but kept Rio Tinto

Joanne Tran
Joanne TranMarkets reporter
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Stephen Butel is the portfolio manager of Platypus Asset Management Australian Equities Fund. The Sydney-based firm oversees about $5.5 billion in assets.

The fund no longer has a position in BHP. Why do you still own Rio Tinto despite concerns about weak demand from China?

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Joanne Tran is a markets reporter for The Australian Financial Review in the Sydney newsroom. Connect with Joanne on Twitter. Email Joanne at jo.tran@afr.com
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    Original URL: https://www.afr.com/markets/equity-markets/why-platypus-got-out-of-bhp-but-kept-rio-tinto-20250203-p5l94f