Platinum Asset Management, Australia's largest Absolute Return fund manager with over $14b in total assets under management, provided investors a range of returns for October, with the flagship Platinum International Fund, a global equity long/short fund with over $7 billion in FUM recording +1.30% for the month.
On a monthly basis, Platinum's Japan Fund was their best performer, returning 5.00%, whilst their European Equity L/S fund was the worst performer with a negative 12.30%.
