PTM 2.59% 99.0¢ platinum asset management limited

Expect FUM about to turn the corner in the short term under...

  1. 47 Posts.
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    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!
 
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