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Showing 1 - 10 of 87 results for "Powerwrap"

Praemium expands distribution footprint

KARREN VERGARA  |  TUESDAY, 6 APR 2021
Praemium has appointed two to its distribution team as it continues to build momentum on the back of acquiring Powerwrap. Shane Muscat was appointed head of strategic sales in March, while Dale Wright joins as senior business development manager. Muscat ...

Prime Value hires from MLC

ELIZA BAVIN  |  WEDNESDAY, 3 MAR 2021
... and dealer groups," Quek said. Prime Value funds are available via platforms including BT Wrap, Netwealth, HUB24, and Powerwrap.

Praemium profit, growth up

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... recorded a 113% increase in net profit after tax from the first half of 2020 to $3 million, following the acquisition of Powerwrap. In its half-year results, Praemium reported a 69% jump in funds under administration (FUA) to $34.3 billion with its Australian ...

Praemium sees benefits of scale

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
Praemium saw a sharp rise in the December quarter as a result of its acquisition of Powerwrap, showcasing the benefit of increased scale. The platform saw a 69% increase year-on-year in global funds under administration (FUA), lifting the business to ...

Praemium develops relationship with US platform

KANIKA SOOD  |  MONDAY, 30 NOV 2020
... platform offers sophisticated investors funds in private equity, real estate, private debt and hedge funds. In May, Powerwrap signed an administration partnership with Qualis and also became its exclusive distributor in Australia. Praemium this morning ...

Praemium board bungle

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
... non-executive director of the platform provider has been forced to step down following an administrative error, while the former Powerwrap chair has been appointed to the board. Claire Willette has stepped down as a non-executive director after her re-election ...

Powerwrap exec jumps to Insync

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
The head of distribution at Powerwrap has moved into a new executive role at Insync Funds Management. Following Powerwrap's acquisition by Praemium, Wes Gillett has been appointed national distribution manager at Insync. Gillett was head of distribution ...

Powerwrap delists, Praemium takes over

ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
Managed accounts platform Powerwrap has de-listed from the ASX and its chief executive and board have stepped down following the acquisition by Praemium. In the next move of the off-market takeover, Praemium made payment of the 94% in acceptances on ...

Praemium to acquire remaining Powerwrap shares

ALLY SELBY  |  MONDAY, 21 SEP 2020
Praemium is set to add to its 92.31% stake in Powerwrap , as it moves to acquire its outstanding shares on issue. Compulsory acquisition notices will be dispatched to Powerwrap shareholders tomorrow, Praemium says, unless they accept the offer by 7.00pm ...

Morgan Stanley duo establishes advice boutique

KANIKA SOOD  |  THURSDAY, 20 AUG 2020
... worked as an associate adviser initially at Morgan Stanley with the two. The firm will use HNW-focussed platform provider Powerwrap for platform administration and reporting services. Powerwrap will also provide access to traditional assets, model portfolios ...
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