Platinum Investment's Funds Under Management Drop in November

MT Newswires Live
2024-12-09

Platinum Investment Management (ASX:PTM) recorded funds under management of AU$10.96 billion in November, down from AU$12.18 billion in October, according to a Dec. 6 filing with the Australian bourse.

Net outflows stood at AU$841 million, including the loss of an institutional mandate of AU$537 million and net outflows from the Platinum Trust Funds of roughly AU$239 million, as per the filing.

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