** Shares of Platinum Asset Management PTM.AX fall as much as 2.9% to A$0.660, their lowest level since August 4
** The fund manager posts Funds Under Management of A$7.60 billion ($4.99 billion), as of August-end, lower than the A$8 billion reported at July-end
** Co posts net outflows of nearly A$454 million during the month
** Shares down 2.2%, YTD
($1 = 1.5239 Australian dollars)
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.