{"id":61836,"date":"2025-08-12T06:06:08","date_gmt":"2025-08-12T06:06:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/61836\/"},"modified":"2025-08-12T06:06:08","modified_gmt":"2025-08-12T06:06:08","slug":"platinum-lags-market-despite-piling-into-ai-chips-and-health-stocks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/61836\/","title":{"rendered":"Platinum lags market despite piling into AI chips and health stocks"},"content":{"rendered":"<p>Platinum Asset Management\u2019s largest equities funds have been lagging the market for the best part of a decade, but the firm is banking on large bets in technology and healthcare stocks along with a bullish call on South Korea to lift performance.<\/p>\n<p>Platinum\u2019s flagship $3.5 billion International Fund has returned just 4.3 per cent this year compared to <a href=\"https:\/\/www.afr.com\/companies\/financial-services\/how-did-it-all-go-so-terribly-wrong-at-kerr-neilson-s-platinum-20250228-p5lfvy\" rel=\"nofollow noopener\" target=\"_blank\">the MSCI All Country World Index\u2019s 7.3 per cent advance. <\/a>Over one year, the difference is more stark with a 3.8 per cent return versus the benchmark\u2019s 17.5 per cent, and it\u2019s not that much better over three and five years.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Platinum Asset Management\u2019s largest equities funds have been lagging the market for the best part of a decade,&hellip;\n","protected":false},"author":2,"featured_media":61837,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[64,63,137,500],"class_list":["post-61836","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-au","tag-australia","tag-health","tag-healthcare"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/61836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=61836"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/61836\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/61837"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=61836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=61836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=61836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}