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%).
The Pendal Group Ltd (ASX: PDL) share price is getting crunched, down 8%, to make it the worst performer in the ASX 200 (INDEXASX: XJO) today.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.52% at lunch.
The Magellan Financial Group Ltd (ASX:MFG) share price is having a crackin’ day today, up 8% at the time of writing.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.62% at lunch.
Platinum Asset Management Limited (ASX:PTM) just warned investors its profit may suffer in its December 2018 half year result.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose 0.97% on Tuesday.
There is no doubt that Platinum Asset Management Limited (ASX:PTM) is one of the most respected listed companies in Australia.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Friday morning.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.43% at lunch.
