PEOPLE MOVES: Ashburton, Deutsche Bank, Praemium
CIO named at investment firm and COO exits German bank
CIO named at investment firm and COO exits German bank
Numerous and swift regulatory changes have put the industry under massive pressure
As funds under administration on the international platform jump by nearly a third
New and existing personal and corporate pension schemes will be moved onto the platform
First in a series of ‘innovations’ to be rolled out in 2019
Deal marks the third global relationship in a month for the Australian firm
Solution means advisers can offer a product that avoids some problems caused by non-US investments
Investors are ‘getting shafted by poor execution, opaque funds and sneaky fees’
The platform will now be available to Enhance Portfolio customers
Australian platform Praemium announced that gross inflows of A$760m over the last quarter have driven funds under administration to A$8.3bn (€5.2bn, £4.6bn, $6.1bn).
Australian investment platform Praemium has launched five investment funds in the UAE, as it prepares to set up shop in the Dubai International Finance Centre (DIFC).
The Royal Commission has shaken consumer confidence in Australia’s wealth market to its core. For Michael Ohanessian, chief executive of Aussie platform Praemium, the key question is: “So, how did we get here?”