Platinum Asset Management Ltd (AU:PTM) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Platinum Asset Management has ended discussions with Regal Partners regarding a potential acquisition, opting instead to pay a special dividend of 20 cents per share. The company is focused on its turnaround strategy, emphasizing cost control and product diversification, highlighted by a new partnership with US-based specialist GW&K. This move aims to enhance Platinum’s offerings in the Australian market, promising robust investment returns for its investors.
For further insights into AU:PTM stock, check out TipRanks’ Stock Analysis page.
