Platinum Asset Management Performance

Can you explain why Platinum Asset Management (PTM) has been like a yo-yo lately?

 

A: Thanks for the question – but I am not sure that I can shed much light.

Platinum has just published its funds inflow for August, which was around $100m. This was viewed as a positive, as was the outperformance of its international fund in August.

However, these haven’t been enough to sway some of the negative views of the analysts, who remain in the sell/reduce category.

regards


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