(Reuters) - Australian fund manager Platinum Asset Management Ltd reported on Thursday a 27 percent plunge in its half-year interim net profit and trimmed dividend as a global equity rout in late-2018 prompted a loss on its seed investments.
Net profit came in at A$74.9 million ($53.28 million) for the six months ended Dec. 31, compared with A$102.2 million a year ago.
The company declared an interim dividend of 13 cents per share, down from 16 cents last year.
(Reporting by Ambar Warrick and Shriya Ramakrishnan in Bengaluru, Editing by Sherry Jacob-Phillips)
