April
Platinum’s $2.2b Asia fund downgraded by Morningstar post team changes
Influential research house Morningstar has downgraded Platinum’s Asia fund after CIO Andrew Clifford stepped away from the $2.2 billion strategy.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November 2023
How Rupert Myer says Australian business leaders are missing talent
The arts patron and philanthropic leader will challenge Rich Listers to do more to support the arts in Australia.
- Tom McIlroy
August 2023
Phil King’s Regal snaps up Chris Mackay’s 6.6pc stake in Magellan
Two of Australia’s best-known fund management houses were hobnobbing after the market closed on Wednesday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June 2023
Kerr Neilson-backed theatre shines on debut
Review: Bell Shakespeare’s first full production in the new theatre bankrolled by the Rich Lister, Romeo & Juliet, made clever use of the state-of-the-art space.
- Michael Bailey
Antipodes’ Siemens Energy stock pick blows in the wind
When Antipodes’ Jacob Mitchell rolled out his “best idea” at the Morgan Stanley conference earlier this month, audience members couldn’t help but roll their eyes.
- Jessica Sier
May 2023
If Rich Listers had to start over in 2023, what would they do?
We asked 10 Rich Listers, Young Rich Listers and notable entrepreneurs to gaze into the future and imagine they were building their careers from scratch now.
- Exclusive
- Monday fundie
A top fund manager doubts Elon Musk, Andrew Forrest
The co-manager of a new Platinum fund designed to profit from climate change doesn’t believe that Tesla or Fortescue can meet their ambitious goals.
- Aaron Patrick
March 2023
Kerr Neilson comes a cropper on Credit Suisse
The one stock Neilson was most bullish on, fatefully, was the Swiss investment giant.
- Joe Aston
February 2023
- Exclusive
- Healthcare
Forrest’s Tenmile backs start-up solving a looming healthcare crisis
The mining billionaire’s health tech fund has chipped in to the company’s $26 million round, along with Platinum International Healthcare Fund and Northpond Ventures.
- Yolanda Redrup
Platinum boss defends dual role against Neilson attack
Andrew Clifford, says the business is served well by him performing the CEO and co-CIO roles barring a substantial increase in funds under management or business complexity.
- Kanika Sood
- Opinion
- Chanticleer
The fight for the soul of Platinum isn’t over
Platinum Asset Management CEO and chief investment officer Andrew Clifford has wisely dodged a public spat with co-founder and critic Kerr Neilson. But has he done enough to placate his former mentor?
- Updated
- James Thomson
- Opinion
- Sharemarket
Celebrity fund managers on the nose as alternative models soar
The halos around celebrity fund managers like Neil Woodford and Cathie Wood have slipped on the back of ridiculous claims and investment blow-ups.
- Tom Richardson
Platinum’s silence sets the scene for a fiery earnings call
Platinum Asset Management issued a “no comment” on Monday afternoon, choosing to stay shtum on its largest shareholder and former boss Kerr Neilson’s calls for the beaten-down fund manager to either install a new CEO or become an M&A target.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
- Exclusive
- Managed funds
Kerr Neilson says Platinum CEO Clifford must go
Kerr Neilson, who left the company’s board in November, says there was not enough “critical assessment” amid poor performance and a slump in share price.
- Updated
- Kanika Sood
Why Kerr Neilson knocked back Melinda Gates
The billionaire is still investing, and making good returns. He’s just not ready to take philanthropy advice from Melinda Gates.
- Kanika Sood
January 2023
Platinum’s strong returns fail to stem outflows
Investors pulled money out of Platinum’s funds even after a banner year for its stock pickers. Analysts are taking note.
- Jonathan Shapiro
November 2022
Sharemarket addict Kerr Neilson farewells Platinum
The investor resigned from the global equities business he founded in 1994 and in effect called time on a near 50-year career managing money for investors.
- Tom Richardson
September 2022
- Opinion
- Chanticleer
King says Platinum ripe for bid
Platinum Asset Management, the funds manager that brought international investing to the masses, looks vulnerable after Regal disclosed a substantial shareholding.
- Tony Boyd
Phil King’s Regal builds stake in Platinum Asset Management
Regal disclosed a 5.5 per cent stake in Platinum after the closing bell on Tuesday, fuelling speculation about its intentions regarding the fund manager.
- Vesna Poljak and Jonathan Shapiro
May 2022
These Rich Listers are changing the way they invest
They are favouring mining investments exposed to the shift towards green energy and are focusing on companies turning a profit rather than promising blue-sky.
- Jonathan Shapiro, Julie-anne Sprague and James Thomson
