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Search ResultsShowing 1 - 10 of 100+ results for "Praemium"
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
... May, Powerwrap signed an administration partnership with Qualis and also became its exclusive distributor in Australia. Praemium this morning said it took an initial 4% stake on Qualis via Powerwrap. And has since taken up its entitlements in a rights ...
Praemium board bungle
ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
... the board. Claire Willette has stepped down as a non-executive director after her re-election was not put forward at Praemium's annual general meeting. She will continue to attend board and committee meetings in an advisory capacity until shareholders ...
Praemium improves on-boarding
KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
A new functionality on the Praemium platform is helping financial advisers on-board clients more efficiently. Praemium's integration with Iress' financial planning software Xplan enables advisers to initiate new applications more seamlessly. The new ...
Off-platform assets consume advisers' time
KARREN VERGARA  |  MONDAY, 9 NOV 2020
... frustration with the lack of solutions available that can house all of their clients' assets. According to joint research by Praemium and Investment Trends, more than half (59%) of the 211 advisers surveyed administer a portion of client assets off-platform. ...
Powerwrap exec jumps to Insync
ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... 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 at Powerwrap ...
Powerwrap delists, Praemium takes over
ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
... 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 October 2 with the remaining ...
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 ...
Praemium shows growth in crisis
ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
Praemium has posted a positive full-year result despite the impacts of global headwinds caused by the COVID-19 pandemic. The platform provider saw a 26% increase in global funds under administration to $20.3 billion, a 14% increase in revenue to $51.2 ...
Platforms reveal merger details
ANNABELLE DICKSON  |  FRIDAY, 31 JUL 2020
... has released its target statement recommending its shareholders accept the off-market takeover offer moves forward with Praemium. The target statement prices Powerwrap at 29.75 cents per share based on a price of 44.50 cents per Praemium Share as at ...
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