L1 Group
L1G: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|<K< | LOCK|?n | LOCK|?^w#&F |
L1 Group Raises Equity; We Recommend Passing the Share Purchase Plan
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 September 2025.
