Fund manager Platinum cops outflows in June
Joanne TranMarkets Reporter
Platinum suffered net outflows of $232 million last month and says it earned just $1 million in performance fees over the 2023 financial year.
The ASX-listed money manager reported $17.3 billion in funds under management for the end of June, down from the $18 billion recorded in May. This included approximately $162 million in net outflows from its Platinum Trusts Funds.
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