Powerwrap buy sees Praemium profit skyrocket
Powerwrap buy sees Praemium profit skyrocket Powerwrap buy sees Praemium profit skyrocket The managed accounts provider recorded a more than 100 per cent increase in profit after what its chief executive called a "truly transformational" first half. A A Praemium’s global funds under administration (FUA) hit $34.3 billion in the first half – up 69 per cent – while net profit after tax soared 113 per cent to $3 million in the company’s 14th consecutive half of profit increase. “The first half of FY2021 has been truly transformational for Praemium, with the completion of the most impor...
Source: ifa.com.au