Platinum International Brands Fund – Portfolio Management Change - 13th February 2017

Platinum International Brands Fund – Portfolio Management Change - 13th February 2017

Jamie Halse - portfolio manager of International Brands Fund

As previously announced, Platinum has recently implemented some enhancements to the Portfolio Management responsibilities within the firm.  The progression of investment team members into Portfolio Management roles has been a hallmark of the firm over a number of years.  Our current Portfolio Managers, at some point in their career with Platinum, were once promoted in a similar fashion.

One of the previously announced changes, which are to take effect at the end of February, was the co-management of the Platinum International Brands Fund by Simon Trevett and Jamie Halse.  However, upon further reflection in recent days, Simon has elected to step down from his role at Platinum and thereby enable Jamie Halse to become sole Portfolio Manager.  Simon will take the opportunity to step back from the industry and consider what his future plans may be.

Jamie Halse is the head of the Consumer Team which provides the primary research for the International Brands Fund.  Jamie is therefore intimately aware of the individual stocks within the portfolio. The emphasis Platinum places on the broader investment team structure ensures strong collaboration within the team and continuity in the portfolio management responsibilities.  Jamie has been covering consumer stocks at Platinum for over six years and has been managing a segment of the International Brands Fund in a fully discretionary manner.  Jamie is very well placed to assume full control of the portfolio.

We thank Simon for his many years of valuable service to Platinum.