Platypus tops best performing funds.

Jul 14, 2005 (The Australian - ABIX via COMTEX)

Australian share funds performed well in 2004- 05. The Intech survey of funds that only invest in Australian stocks found they outperformed the sharemarket. Platypus Asset Management was the best-performing fund, with a return of 39.1 per cent. Most funds gave a better return than the 26 per cent from the top 200 stocks. Platypus was formed in 1998 and has only $A45 million in funds under management. It has performed well for the last three years. MIR Investment Management ranked second with a return of 37 per cent.
Publication Date: 15 July 2005

PLATYPUS ASSET MANAGMENT PTY LTD: 

MIR INVESTMENT MANAGEMENT LIMITED: 

INTECH PTY LTD: 

PERPETUAL TRUSTEES AUSTRALIA LIMITED - ASX PPT: 

MERRILL LYNCH (AUSTRALIA) PTY LTD: 

NEWS CORPORATION - ASX NWS: 

CREDIT SUISSE FIRST BOSTON AUSTRALIA LIMITED 

By Geoffrey Newman

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