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Platinum Asset Management Ltd ( (AU:PTM) ) just unveiled an update.
Platinum Asset Management Limited reported a decline in its funds under management (FUM) from $11,050 million in December 2024 to $10,992 million by the end of January 2025, indicating net outflows of approximately $160 million. This decrease reflects outflows primarily from the Platinum Trust Funds, amounting to $138 million, signaling potential challenges in retaining investors amidst market fluctuations.
More about Platinum Asset Management Ltd
YTD Price Performance: 1.00%
Average Trading Volume: 17,303
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €238.8M
For a thorough assessment of PTM stock, go to TipRanks’ Stock Analysis page.
