Background
Platinum Investment Management Limited ACN 063 565 006 AFSL 221935 is an Australian based fund manager who specialises in international equities.

Platinum currently manages A$14.56 billion (31 July 2008) with more than 20% of this from investors in New Zealand, Europe, America and Asia.

Platinum's investment methodology is applied with the aim of achieving absolute returns for investors. Our focus is on managing clients' money rather than gathering funds under management.

Platinum is owned by Platinum Asset Management Limited, a company listed on the Australian Stock Exchange (code PTM). Following the listing, outside interests hold approximately 30% of PTM shares with staff retaining approximately 70%.

We are a manager specialising in equities

	We offer regional and industry specific funds in addition to global portfolios
	Key members of the management team have equity in our business
	We emphasise success fees and total revenues rather than the gathering of funds under management
	We will limit the number of individual accounts
	Sales and distribution functions are outsourced, wherever possible. This is achieved through joint ventures with partners such as MLC Investments in Australia and Optima Fund Management in New York
	Where appropriate we outsource custody, settlement, client record keeping and accounting to State Street Australia and our distributors, where possible. The 'middle office' functions such as portfolio tracking and analysis are retained