Platinum Asset Management Ltd
PTM
Company Profile
Business description
L1 Group was formed through the strategic merger of two Australian investment management firms: Platinum Asset Management, a Sydney-based international equities manager founded in 1994, and L1 Capital, a Melbourne-based boutique founded in 2007 with diversified capabilities across equities, alternatives, and property investments. The combined entity serves a diverse client base encompassing institutional investors, wholesale clients, high-net-worth individuals, and retail investors across both domestic and international markets. The firm has approximately AUD 17 billion in funds under management as of June 2025.
Contact
Level 8, 7 Macquarie Place
SydneyNSW2000
AUST: +61 292557500
Sector
Financial Services
Stock type
Cyclical
Industry
Asset Management
Fiscal Year End
30 June 2026
Employees
Platinum Asset Management Ltd News & Analysis
stocks
Could merger breathe new life into struggling ASX asset manager?
Platinum’s board voted unanimously in favour of a merger we expect would be value accretive.
stocks
Ask the analyst: Did the rise of passive doom Platinum and Perpetual?
A reader asked what is behind the poor performance of Platinum and Perpetual shares in recent years. Shaun Ler stepped in to answer.
stocks
Morningstar’s analysts shift outlook for Platinum after mandate loss
We cut our Fair Value and revise our estimates for Platinum’s future earnings
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
---|---|---|---|
All Ordinaries | 9,095.20 | 28.80 | 0.32% |
CAC 40 | 7,761.32 | 11.93 | 0.15% |
DAX 40 | 23,632.95 | 85.50 | -0.36% |
Dow JONES (US) | 45,463.19 | 248.15 | -0.54% |
FTSE 100 | 9,225.39 | 17.14 | -0.19% |
HKSE | 26,200.26 | 262.13 | 1.01% |
NASDAQ | 21,868.94 | 10.55 | -0.05% |
Nikkei 225 | 43,837.67 | 378.38 | 0.87% |
NZX 50 Index | 13,276.24 | 22.51 | 0.17% |
S&P 500 | 6,527.90 | 15.29 | 0.23% |
S&P/ASX 200 | 8,830.40 | 40.00 | 0.46% |
SSE Composite Index | 3,812.22 | 4.93 | 0.13% |