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Why Did Platinum Asset Management’s Profit Collapse 86% in FY25?

1:51pm on Monday 1st of September, 2025 AEST Financial Services
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Why Did Platinum Asset Management’s Profit Collapse 86% in FY25?

1:51pm on Monday 1st of September, 2025 AEST
Key Points
  • Statutory net profit after tax falls 86% to $6.3 million
  • Funds under management decline 39% to $7.9 billion
  • Management fees drop 28% due to lower average FUM
  • Turnaround program triggers $31.2 million non-cash charge
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