The latest announcement is out from Platinum Asset Management Ltd ( (AU:PTM) ).
Platinum Asset Management Limited has announced significant changes in its investment leadership as part of its ongoing turnaround program. Ted Alexander will join as Portfolio Manager, bringing a systematic approach to investment, while Jim Simpson will take an executive role to guide the investment team. The company is also focusing on cost control, capital management, and product diversification, with plans to launch new investment offerings. These strategic moves aim to improve investment performance and align remuneration with financial outcomes, demonstrating a commitment to revitalizing the company’s operations and enhancing shareholder value.
More about Platinum Asset Management Ltd
Platinum Asset Management Limited is a company operating in the investment management industry, focusing on global equity strategies. The company is known for its bottom-up investment approach and offers a range of investment products, including the Platinum International Fund. It is currently working on diversifying its product offerings and enhancing its investment processes.
YTD Price Performance: 9.90%
Average Trading Volume: 17,303
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €262.5M
See more data about PTM stock on TipRanks’ Stock Analysis page.