Platinum Investment Management Limited (Sydney)

Name: Platinum Investment Management Limited
Address: Level 8, 7 Macquarie Place, Sydney, Nsw 2000
Telephone: 61 2 9255 7576

Platinum Investment Management Limited is a large advisory firm based in Sydney. It manages $16.43 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2012.

Platinum Investment Management Limited provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Platinum Investment Management Limited: assets under management

The assets under management (AUM) of Platinum Investment Management Limited is $16.43 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -1% since the beginning of its operation, and $16.43 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $16.43 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $821.59 million each.

Investments

The firm invests in exchange traded securities the most. They account for 76% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 18% of the firm’s portfolio. Investments in derivatives form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Platinum Investment Management Limited for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Elizabeth Ann Norman serves?

The firm provides services to pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Elizabeth Ann Norman is pooled investment vehicles with 15 clients and $14.22 billion of assets under management. Among the 9 most similar advisory firms, Platinum Investment Management Limited has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $16.43 billion for 20 clients. 100% of the firm’s clients are foreign persons or businesses.

Platinum Investment Management Limited also advises several private funds. Namely, eleven hedge funds. The minimum investment commitment required of non-related persons ranges from $6,734 to $250,000.

Careers at Platinum Investment Management Limited

The company employs 113 people that are either part- or full-time employees. 32 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Elizabeth Ann Norman has been acting as President since 1 May 2015. Matthew Robert Githens joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Kerr Stephen Neilson	Chief executive officer	1 Feb 1994	Other	6010751
Andrew Mcrae Clifford	Director & deputy chief investment officer	1 Feb 1994	Other	6010750
Platinum Asset Pty Limited	Holding company	1 Dec 2003	75% - 100%	foreign entity
Philip Noel Howard	Finance director	1 Mar 2011	Other	6010752
Marcia Paulina Venegas	Chief compliance officer	1 Mar 2015	Other	4933826
Elizabeth Ann Norman	Director	1 May 2015	Other	6562319
Andrew Norman Stannard	Finance director	1 Aug 2015	Other	6562318
Matthew Robert Githens	Chief compliance officer	1 Nov 2015	Other	6586900

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Judith Lydia Patricia Neilson	Shareholder	1 May 2007	50% - 75%	6015653
Platinum Asset Management Limited	Shareholder	1 May 2007	75% - 100%	foreign entity
William Kerr Stephen Neilson	Shareholder	1 May 2007	25% - 50%	6010751

Based in Sydney

The principal office where Platinum Investment Management Limited performs its advisory services is located at Level 8, 7 Macquarie Place, Sydney, Nsw 2000, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 61 2 9255 7576 or by fax 61 2 9254 5576. The normal business hours are 9:00am to 5:30pm on Monday - Friday. You can find more information about the New York firm at platinum.com.au.