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Showing 1 - 10 of 134 results for %22Praemium SMA%22

HUB24 hits $100bn milestone

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... the June quarter. Investment Trends named HUB24 as the best full-function platform in 2023, narrowly beating Netwealth. Praemium, BT Panorama, and Mason Stevens were also recognised for superior platform functionality. The report also commended AMP North ...

Managed account FUM closes in on $200bn milestone

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... organisations, including BT Panorama, Clime Asset Management, DASH, Elston, HUB24, Insignia Financial, Macquarie, and 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 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 ...

Praemium sees record earnings jump

CHLOE WALKER  |  MONDAY, 27 FEB 2023
... (up 4%). Despite the growth, it recorded a 53% decline in overall inflows of $1 billion in the period. Inflows for Praemium SMA were down 50%, while Powerwrap's declined 59%. Net platform inflows for the period were augmented by $421 million in positive ...

Praemium takes 53% hit to inflows

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
Praemium has reported a $1.02 billion hit to its net inflows for the half year to December 31, down 53% from the same time last year. Praemium chief executive Anthony Wamsteker said: "Investor sentiment has been very subdued in the wake of three successive ...

UBS, CBRE launch global property model

CHLOE WALKER  |  TUESDAY, 22 NOV 2022
... are a wonderful addition to the menu of high-quality investment managers we provide our clients access to via the Praemium SMA."

Praemium reports 92% flow increase

CHLOE WALKER  |  MONDAY, 18 JUL 2022
... investment platform now has $40.5 billion in funds under administration, up 10% on the same time last year. Additionally, Praemium's financial year net inflows were $2.9 billion, up 92% from its prior corresponding period. Unfortunately, gross inflows ...

Praemium reports key milestone achievement for 2021

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... front. Key milestones from the quarterly report include inflows of $1.25 billion,including $690 million into the Praemium SMA scheme,, as well as annual inflows of $4.9 billion in calendar year 2021 - 87% higher than the previous year. The Australian ...

Wealthy overlook digital experience

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
Wealthy investors tend to shun technology and prefer to keep track of their assets manually, according to Praemium. The survey, conducted with Investment Trends, suggests a minority of high-net-worth investors (11%) access an online digital portal and ...
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