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Why Did Platinum Asset Management See $428M Outflows in June?

6:01pm on Monday 7th of July, 2025 AEST Financial Services
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Why Did Platinum Asset Management See $428M Outflows in June?

6:01pm on Monday 7th of July, 2025 AEST
Key Points
  • June 2025 net outflows of approximately $428 million
  • Funds under management declined from $8.339 billion to $8.055 billion
  • FY26 cost savings target increased to $10–15 million
  • Operating costs for FY25 expected around $75 million plus $30 million turnaround costs
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