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What does Platinum Asset Management do?
Platinum Asset Management mainly operates a funds management business. The company operates through two segments: funds management, and investments and other. Its product range consists of global, regional and sector products for investment.
Should you invest in platinum?
Precious metals like gold are just one option available to you. But all investments come with their risks. Platinum carries greater volatility than other choices, making it more susceptible to price drops. Meanwhile, gold is relatively stable, but it may not be a strong hedge against inflation over the short term.
How can I invest in platinum in Australia?
Invest and store Transact gold, silver and platinum through a variety of options including online trading, by phone, distributor networks, GoldPass trading app, the Australian Stock Exchange (ASX) via or exchange traded funds (ETF).
What is Platinum Asia Fund?
The Platinum Asia Fund primarily invests in listed securities of Asian companies. The portfolio will ideally consist of 40 to 100 securities that Platinum believes to be undervalued by the market. Cash may be held when undervalued securities cannot be found.
How do you invest in platinum?
To gain exposure to the metal, investors may purchase platinum bars or coins, platinum futures contracts, or shares of platinum mining companies. Another option is a platinum exchange-traded fund (ETF).
Is there a future for platinum?
The bank’s platinum price prediction is bullish for the long-term, rising from $1,100 an ounce at the end of March to $1,300 by the end of 2022 and $1,375 by the end of September 2023.
Does platinum have a future?
After dropping by 43,000 ounces in 2021, investment demand is expected to grow by 329,000 ounces in 2022. According to the WPIC, the platinum market surplus will be 652,000 ounces this year, down from 1.232 million ounces last year.
Can I buy stock in platinum?
ETFs are a simple way to add exposure if you are looking to invest in platinum. These products are traded any time markets are open; if you can buy stocks, you can buy these ETFs. Always research any product before investing in it, whether it be a company stock, a mutual fund, or an ETF.
Is platinum a hedge fund?
Is Platinum a hedge fund manager? Platinum does not regard itself as a hedge fund manager. While some of our products permit short-selling, we tend to only partially hedge our portfolio holdings with short positions and will generally have net long exposure of 50% or more.
What will platinum be worth in 5 years?
Last but not least, Wallet Investor has a more bullish sentiment, with a platinum forecast which says it will be worth $1,162 in a year and $1,490 in five years.
Is platinum a good investment in 2022?
According to Wallet Investor’s long-term estimate, platinum is expected to trade in the $1,000-$1,200 area in 2022 and 2023, then break out of the range to trade above $1,300 by the end of 2025. The price may rise to $1,515.94 by March 2027.
Will platinum go up 2022?
The council said platinum supply should fall 1% in 2022 as a backlog of semi-processed material in South Africa runs out. It said it expected demand, which dropped last year as a sharp fall in purchases by investors more than offset higher consumption by industry and jewellers, to rise by 7% in 2022.
Is platinum a good investment 2022?
According to Wallet Investor’s long-term estimate, platinum is expected to trade in the $1,000-$1,200 area in 2022 and 2023, then break out of the range to trade above $1,300 by the end of 2025.