News: PTM Platinum Asset Management Says HY Profit After Income Tax Expense A$60 Mln, page-50

I hold a basket of fund managers and they are all down. I could understand if they were all the same style, but they are all quite different from each other based on their holdings. I would've thought that PTM's value style and underallocation to US tech plus shorting would be favoured by the market. In my view, the market doesn't care and is selling down everything. So I feel it is sector thing.

While we're putting numbers out there, I'm down 42% per annum (pre tax inclusive of dividends and franking credits) on this fund manager.