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Showing 11 - 20 of 295 results for "Praemium"

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
Praemium's platform dedicated to the high-net-worth segment, Powerwrap, has lost $334 million in funds under administration (FUA) after a small number of financial advisers switched advice groups. The ASX-listed firm said the exit of advisers in the ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... the previous financial year to 0.25% in the current period, chiefly because of lower trading volumes and cash balances. Praemium chief executive Anthony Wamsteker spooked markets, saying that the duration of the "relatively subdued activity" remains ...

Praemium partners for adviser insights

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
A new strategic partnership between Praemium and researcher CoreData aims to deliver research-driven product enhancements, client education initiatives, and thought leadership from the industry. Firstly, in using CoreData's research capabilities ...

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
... in 2017 and introduced an ESG fixed income portfolio in 2018. The XTBs were also hosted on Macquarie Wrap, HUB24 and Praemium. EQT confirmed that unless XTB holders call for a meeting within 28 days of the notice date and decide otherwise, they will ...

HNWs increase digital engagement: Research

CHLOE WALKER  |  THURSDAY, 12 OCT 2023
... of reporting tools, providing an opportunity for advisers to improve their services, research suggests. According to Praemium and Investment Trends' latest High-Net-Worth (HNW) report, digital engagement between advisers and their HNW clients is ...

Praemium secures Mercer mandate

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
Praemium has entered into a new administration services agreement with Mercer, providing its Virtual Managed Account (VMA) solution and administration services (VMAAS) to the investment giant. As part of the agreement, Mercer will receive end-to-end ...

Australia sees modest uptick in HNWIs: Study

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... year to 635,000, according to Investment Trends' latest research. The 2023 High Net Worth Investor Report, sponsored by Praemium, is based on a quantitative online survey conducted between June and July in which 1531 high-net-worth investors (HNWIs) ...

Praemium reports strong growth in FY23

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
Praemium has reported an uplift in business performance following the divestment of its international business. Reporting to the ASX today, Praemium posted a 23% uplift in underlying earnings before interest to $23.4 million, compared to the $19.1 million ...

Financial Standard kicks off Power50 voting

JAMIE WILLIAMSON  |  MONDAY, 21 AUG 2023
... included in the final list. This year the FS Power50 is sponsored by Generation Life, AXA Investment Managers, Balmain and Praemium. Voting closes on September 15. CLICK HERE to view the full list of finalists and to cast your vote.

Sequoia hires chief operating officer

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
The former chief distribution officer at Praemium is starting a new gig with Sequoia Financial Group, alongside two other new hires from ASIC and WT Financial Group. Martin Morris will commence as the wealth group's chief operating officer on August ...