Expect FUM about to turn the corner in the short term under current market conditions.
At start of FY $24,769mn and end Nov $24,940mn a gain of $171mn. Sum of FUM monthly report indicates total outflow of approx. $1,214mn this FY, with a decreasing trend (Aug $407mn: Sep $274: Oct $252mn and Nov $173mn outflows). This implies a Portfolio gain of $1,385mn equalling approx. 13.4% pa increase.
The decreasing trend in monthly outflows is encouraging, particularly if Trump/China/Brexit et al can get their acts together!
News: PTM Platinum Asset Management Posts FUM As At Nov. 30 $24,940.02 Mln Vs $24,595.93 Mln As At..., page-5
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$1.05 |
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Mkt cap ! $611.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 7 | 22007 | $1.05 |
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| Price($) | Vol. | No. |
|---|---|---|
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