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Platypus wins 2018 Golden Bull Award

Platypus wins golden bull award

Platypus Asset Management took out its first Golden Bull, the top award at the Australian Fund Manager of the year awards in Sydney earlier this month.

The event, held at Sydney’s Ivy Ballroom is in its 19th year and recognises the contribution of the industry’s winners and finalists and also raised more than $500,000 for Odyssey House NSW and Sydney Children’s Hospital.  

“We were thrilled to receive the award this year and fondly remember winning the Golden Calf as emerging fund manager in 2006” said Gary Adamson, the Chief Executive Officer of Platypus, which was also a finalist in the Australian equities award in 2008.

“Platypus hasn’t ever really focused on winning awards but we are grateful to have our long-term performance and consistent growth style acknowledged by the industry in this way.”

According to the latest Mercer Australian shares survey Platypus ranked 3rd for its performance over 1 yr, 8th over 3 yrs and 2nd over 5 yrs.[1]

For the year to 30 September 2018 the Platypus Australian equities fund (wholesale units) produced a return of 26.69% outperforming its benchmark the S&P/ASX300 accumulation index by 12.66%.

“Platypus was founded in 1998 and has quietly gone about the business of delivering superior returns for our loyal clients since then, Mr Adamson said.

Platypus has $2.2 billion in fund under management (and advice) and in addition to its flagship growth fund manages a low-cost systematic fund which produced a return of 19.18% for the year to 30 September against its benchmark the S&P/ASX 300 accumulation index of 14.03%.

About the Awards

In its 19th year the Australian Fund Manager Awards were held at the Ivy ballroom in Sydney on Thursday 18 October.  For more information and a list of previous winners

[1] Mercer Australian share (long only) survey as at 30 September 2018 – returns are provided gross of fees and expenses.

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