Shares of Platinum Investment Management Fall Following AU$580 Million Client Redemption Plan

MT Newswires Live

2025/09/02

Shares of Platinum Investment Management (ASX:PTM) fell Tuesday after it said in a late Monday Australian bourse filing that a large client plans to redeem around AU$580 million from some of its trust funds and mandate over October and November, following the conclusion of a manager review that began earlier this fiscal year.

The company's shares fell over 6% in recent Tuesday trade.

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