Platinum Asset Management Ltd (AU:PTM) has released an update.
Platinum Asset Management Ltd has become a substantial holder in Mitsubishi UFJ Financial Group, Inc., with a significant share acquisition leading to over 20% voting power. The intricate web of interests includes substantial shares in entities like Morgan Stanley, First Sentier Investors Holdings Pty Limited, and various other nominee holdings. This strategic move by Platinum Asset Management showcases their active positioning in the financial sector.
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