Platinum International Brands Fund’s Q3 2025 Investor Letter

Platinum Asset Management, an investment management company, released its Q3 2025 investor letter for “Platinum International Brands Fund”. The fund returned 1% in the quarter compared to 6% for the MSCI AC World Index. This was a challenging quarter for the fund. The performance in the quarter was affected by the shift of capital to AI names. Also, in the US, indications of declining consumer confidence and lackluster job figures have put a damper on the consumer brands industry. The fund continues to see brand-based businesses as attractive investments. In addition, you can check the fund’s top 5 holdings to find out its best picks for 2025.

A copy of Platinum International Brands Fund’s Q3 2025 investor letter can be downloaded here.