Street Talk

Platinum’s $2.2b Asia fund downgraded by Morningstar post team changes

Sarah Thompson, Kanika Sood and Emma Rapaport

Apr 25, 2024 – 4.52pm

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The hits keep coming for struggling investment firm Platinum Asset Management.

Influential research house Morningstar has downgraded the investment manager’s Asia fund in response to chief investment officer Andrew Clifford stepping away from the $2.2 billion strategy.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.