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 November , with the flagship Platinum International Fund, a global equity long/short fund with over $7 billion in FUM recording -1.0% for the month against the MSCI which fell 5.3%.
Over a 12 month period the International fund has fallen -9.2% against the MSCI World Index which has fallen 25.1%.
Across all funds, Platinum outperformed generally, even though most funds were in negative territory. The best performing fund was the Platinum Japan fund which was positive 0.70% and has now returned over 13% over the past four months.
