Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Platinum Asset Management Ltd ( (AU:PTM) ) has issued an update.
Platinum Asset Management Limited reported a decrease in funds under management, with net outflows of approximately $428 million in June 2025. The company is actively working on reducing expenses, with full-year operating costs expected to be around $75 million and additional cost-saving measures planned for FY26. Despite not earning any performance fees in the second half of FY25, the company anticipates investment gains and other income to range between $14 million and $16 million.
The most recent analyst rating on (AU:PTM) stock is a Hold with a A$0.90 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:PTM Stock Forecast page.
More about Platinum Asset Management Ltd
Platinum Asset Management Limited is a financial services company based in Sydney, Australia, specializing in investment management. The company manages a variety of funds, including international and regional funds, focusing on delivering superior returns for its clients.
YTD Price Performance: -27.08%
Average Trading Volume: 1,825,447
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$281.3M
See more data about PTM stock on TipRanks’ Stock Analysis page.