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%).
Sydney-based fund manager Magellan Financial Group Ltd (ASX:MFG) released its funds under management (FUM) update for May showing a bump up in total capital.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.40% at lunch.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is up by 0.48% at lunch.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO) (ASX: XJO) fell 1% on Wednesday, according to Google Finance.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is up by 0.5% at lunch.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has been hit for six this morning, it’s currently down 2.93%.
The ASX has had a mixed morning so far with the market currently down. Here are some of the bigger movers of the day so far.
