L1 Group
L1G: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$^< | LOCK|#!& | LOCK|HvZd>M |
Platinum and L1 Capital Are Stronger Together in L1 Group
Business Strategy and Outlook
L1 Group was formed through the merger of Platinum Asset Management, a well-known value-focused global equities manager founded in 1994, and L1 Capital, a diversified boutique manager focused on equities, alternatives, and property founded in 2007. L1 Group serves a diversified client base spanning retail and wholesale investors, high-net-worth clients, and institutional investors. It had approximately AUD 17 billion in funds under management as of June.
