Platinum International Brands Fund’s Q2 2026 Investor Letter

Platinum Asset Management, an investment management company, released its Q2 2026 investor letter for “Platinum International Brands Fund”. The fund returned over 4% in the quarter but lost 14% over the past year, primarily due to the dominance of tech stocks amid an AI investment boom. Consumer-focused sectors underperformed due to weak sentiment and challenges such as high interest rates and rising oil prices, which have contributed to record-low consumer confidence. However, the...