Platinum's suite of funds struggled in February with the best, their International Technology Fund, limiting its losses to 2.1%. After that the next best funds were the International Brands Fund and International Fund which both lost 5.6%, through to their worst performer, the Unhedged Fund, which fell 8.6%.
The only Platinum Fund to have achieved a positive return for the last twelve months is the 4.8% generated by the Japan Fund, but increasingly difficult economic conditions in Japan saw the fund lose 7.9% in February.
Platinum is largley owned by staff and relies on joint ventures for distribution through companies such as MLC Investments in Australia and Optima Fund Management in New York.
