An announcement from Platinum Asset Management Ltd ( (AU:PTM) ) is now available.
Platinum Asset Management Limited and L1 Capital Pty Ltd are in preliminary discussions about a potential merger. The independent directors of L1 Long Short Fund Limited have confirmed that this merger will not affect the fund’s strategy or management, ensuring continuity in the investment services provided by L1 Capital.
More about Platinum Asset Management Ltd
Platinum Asset Management Limited operates in the financial services industry, focusing on asset management. The company is known for its investment management services, catering to a diverse range of clients.
YTD Price Performance: -22.56%
Average Trading Volume: 14,750
Technical Sentiment Signal: Strong Buy
Current Market Cap: €179.8M
For a thorough assessment of PTM stock, go to TipRanks’ Stock Analysis page.