Australian Unity to close Platypus Asset Management after business review
Platypus oversaw about A$5bn ($3.6bn) in 2024. Credit: JHVEPhoto/ Shutterstock.com. Australian Unity has decided to shut down Platypus Asset Management, the group’s Australian equities subsidiary, after completing a review of the operation. Australian Unity wealth & capital markets CEO Balaji Gopal said the assessment examined several possible paths for Platypus and found that owning an…