# Platinum Asset Management

> Australian investment management firm

**Wikidata**: [Q106670659](https://www.wikidata.org/wiki/Q106670659)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Platinum_Asset_Management)  
**Source**: https://4ort.xyz/entity/platinum-asset-management

## Summary
Platinum Asset Management is an Australian investment management firm that operates as a publicly traded company on the Australian Securities Exchange (ASX). Officially known as Platinum Asset Management Limited, the company produces mutual funds and was founded by Kerr Neilson. As of November 18, 2021, it held a market capitalization of approximately 1.68 billion Australian dollars.

## Key Facts
*   **Official Name:** PLATINUM ASSET MANAGEMENT LIMITED.
*   **Entity Type:** Public company and investment management firm.
*   **Stock Exchange & Ticker:** Listed on the Australian Securities Exchange (ASX) under the ticker symbol "PTM".
*   **IPO Date:** Began trading on the ASX on May 23, 2007.
*   **Founder:** Kerr Neilson.
*   **Products:** Mutual funds.
*   **Market Capitalization:** 1,683,768,443 Australian dollars (as of November 18, 2021).
*   **ISIN:** AU000000PTM6.
*   **Website:** https://www.platinum.com.au/.

## FAQs
**What does Platinum Asset Management do?**
The firm is an investment management company that produces and manages mutual funds for its clients. 

**Who founded Platinum Asset Management?**
The company was founded by Kerr Neilson.

**Is Platinum Asset Management a public company?**
Yes, it is a publicly traded company whose shares are available on the open market. It is distinctly different from a private company or a government-owned public enterprise.

**Where is Platinum Asset Management traded?**
It is listed on the Australian Securities Exchange under the ticker symbol PTM, having started public trading on May 23, 2007.

## Why It Matters
As a publicly traded investment management firm, Platinum Asset Management plays a critical role in the financial sector by offering mutual funds that allow individuals and institutions to pool their capital for investment. The transition of the company to a public entity via an initial public offering (IPO) allowed it to raise capital from a wide pool of general public shareholders. This corporate structure provides liquidity for investors, allowing them to easily buy and sell ownership stakes, and subjects the firm to strict regulatory disclosure and reporting standards that promote market transparency.

## Notable For
*   Being an active participant in the Australian financial market as a specialized producer of mutual funds.
*   Operating under the public company model, distributing its ownership among general public shareholders rather than private investors or the government.
*   Achieving a market capitalization of over 1.68 billion Australian dollars as of late 2021.

## Body

### Corporate Classification and Governance
Platinum Asset Management is officially recognized as a public company, a specific legal form of organization that is a subclass of an enterprise and a type of joint-stock company. This structure means the company is owned by its general public shareholders, and its governance is provided by a board of directors elected by those shareholders. The company’s official registered name is PLATINUM ASSET MANAGEMENT LIMITED, and it may also be referred to by aliases such as a "publicly traded company," "publicly held company," or "listed company."

### Financial Market Presence
The firm is actively traded on the Australian Securities Exchange under the stock ticker PTM. It made its debut on the exchange on May 23, 2007. Its securities are identifiable by the International Securities Identification Number (ISIN) AU000000PTM6. As of November 18, 2021, the company's market capitalization was recorded at 1,683,768,443 Australian dollars.

### Products and Operations
Operating as an investment management firm based in Australia, the core product generated by Platinum Asset Management is the mutual fund. The company manages these funds on behalf of its clients, leveraging the public company structure to accumulate the necessary capital for large-scale investment operations.

### Founding and Identity
The firm was established by Kerr Neilson. Its digital presence and public-facing information are hosted on its official website at https://www.platinum.com.au/, and its corporate logo is publicly accessible through the Wikimedia Commons file repository.

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)