This year, we presented a manager which has a long standing positions within many clients’ portfolios – Platinum Asset Management. Platinum is a leading Australian based fund manager which specialises in international equities, applying a methodology which has the aim of achieving absolute returns for investors. Platinum now manages $23 billion for investors from around the world.
We had a rare opportunity to hear from the founder of Platinum, Kerr Neilson, in person. Kerr has over 40 years of experience in financial markets both in broking and funds management. This has involved a stint in London, followed by managing the research department for a stockbroker in South Africa. Upon migrating to Australia he joined Bankers Trust, where he made important contributions to the development of that company’s highly successful retail funds management division.
Kerr left Bankers Trust Australia as an Executive Vice President to form Platinum Asset Management in February 1994. In addition to managing Platinum’s global mandates, Kerr held the position of Chief Investment Officer until May 2013. Kerr remains Chief Executive Officer and as portfolio manager for the global mandates at Platinum, and is the principal shareholder.