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Why Did Platinum Investment Management See $1.6 Billion in Outflows in May?
7:01pm on Friday 6th of June, 2025 AEST
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Financial Services
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Why Did Platinum Investment Management See $1.6 Billion in Outflows in May?
7:01pm on Friday 6th of June, 2025 AEST
Key Points
Funds under management declined by $1.3 billion in May 2025
Net outflows totalled approximately $1.6 billion
Institutional redemption accounted for $958 million of outflows
Platinum Trust Funds experienced $293 million in net outflows
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Platinum Asset Management (ASX:PTM)
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