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MUFG Gains Substantial Interest in First Sentier Investors

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Platinum Asset Management Ltd ( (AU:PTM) ) has provided an announcement.

Platinum Asset Management Ltd has announced that Mitsubishi UFJ Financial Group (MUFG) holds a substantial interest in First Sentier Investors Holdings Pty Limited, which indirectly impacts the voting power and control over certain shares. This development signifies a consolidation of voting power under MUFG, potentially influencing the strategic direction and investment decisions of First Sentier Investors Holdings Pty Limited.

More about Platinum Asset Management Ltd

YTD Price Performance: -20.0%

Average Trading Volume: 14,750

Technical Sentiment Signal: Strong Buy

Current Market Cap: €185.5M

For a thorough assessment of PTM stock, go to TipRanks’ Stock Analysis page.

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