Platinum Asset Management Ltd (ASX: PTM) is an Australian based fund founded in 1994 that is focused on global equities. Platinum was co-founded by one of Australia’s most respected investors, Kerr Neilson who is still the company’s largest shareholder (owning about 40%).
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The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.12% on Tuesday.
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The ongoing trade discussions between the US and China is affecting everything Asian related on the ASX, including the Platinum Asset Management Ltd (ASX:PTM) share price.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down by 1.65% on Tuesday.