Markets

Platinum Asset Management shares are taking a big hit

Shares in Platinum Asset Management fell hard after the funds manager announced a cut in fees. A short time ago, the shares were down 8% today to $4.28, falling 14% since Friday. Analysts estimate the cut in the standard management fee to 1.35% from 1.50% will reduce Platinum’s fee income […]
Platinum Asset Management shares are taking a big hit