Platinum Asset Management Limited (ASX:PTM) reported net outflows of approximately $331 million in August 2024, including approximately $288 million from the Platinum Trust Funds.
The net outflows experienced in August 2024 reflect the ongoing market conditions and investor sentiment. We continue to focus on managing our funds effectively and delivering long-term value to our investors.
Platinum Asset Management (ASX:PTM) reported net outflows of approximately $331 million in August 2024, with around $288 million attributed to the Platinum Trust Funds. The company remains committed to navigating the market challenges and aims to enhance its fund management strategies to address investor needs. While the recent outflows present a challenge, Platinum Asset Management is dedicated to delivering sustainable performance and value to its investors in the long term.