Praemium bleeds $414m in quarterly net outflows

praemium/platforms/investment-platform/anthony-wamsteker/

| By Jasmine Siljic |

Praemium has seen net outflows of $414 million over the June quarter with Powerwrap outflows eight times higher than the previous quarter, and the platform expects this to continue for another six months.

AUTHOR

Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

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Clime IM appoints acting MD after Donat’s exit

Clime-Investment-Management/Clime/Annick-Donat/appointments/

| By Laura Dew |

Funds management

Clime Investment Management has appointed an acting managing director following the resignation of group chief executive Annick Donat.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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DASH to acquire $10.6bn FUA portfolio solution

dash/platforms/investment-platform/financial-planning-software/mergers-and-acquisitions/

| By Jasmine Siljic |

Financial planning

The financial planning technology group has entered into a binding share purchase agreement to acquire Integrated Portfolio Solutions, set to bring DASH’s FUA above $15 billion.

AUTHOR

Jasmine Siljic

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Merlon buys out Fidante stake in business

Fidante/merlon-capital-partners/merlon/acquisition/M&A/

| By Laura Dew |

Funds management

Fund manager Merlon Capital Partners has announced it has acquired the minority stake in the business previously owned by Fidante.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Former Qld adviser permanently banned

banning/ASIC/financial-advice/

| By Laura Dew |

Financial planning

A former Queensland-based financial adviser has been permanently banned by ASIC from providing financial services.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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PGIM Real Estate introduces $750m Aussie debt fund

pgim/real-estate/real-estate-debt/bonds/fixed-income/

| By Jasmine Siljic |

Funds management

PGIM’s real estate investment management business has launched its first Australian real estate debt strategy, which is on track to meet its target of $750 million.

AUTHOR

Jasmine Siljic

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Aussie small-cap managers announce merger

Monash-Investors/small-cap/micro-caps/M&A/

| By Laura Dew |

Funds management

Two Australian small-cap asset managers have announced they are seeking to merge their businesses.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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How can advice practices boost efficiency without tech?

Business-Health/technology/financial-advisers/efficiency/

| By Jasmine Siljic |

Financial planning

While technology plays a vital role in efficient financial advice firms, it remains just one piece of the wider puzzle in driving overall productivity, writes Business Health.

AUTHOR

Jasmine Siljic

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When is a disclaimer not a disclaimer?

crypto/ASIC/court/enforcement/

| By Laura Dew |

Financial planning

The decision to convict an NSW individual this week for unlicensed financial advice hinged on the use of disclaimers in a PowerPoint presentation.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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New investor wave driven by younger participants

investors/investment-trends/ASX/generation-Z/

| By Jasmine Siljic |

Funds management

Generation Z, those aged 18 to 24, account for nearly one-third of new online investors in 2024, according to Investment Trends, up from just 10 per cent in 2019.

AUTHOR

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Praemium bleeds $414m in quarterly net outflows

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Clime IM appoints acting MD after Donat’s exit

AUTHOR

Laura Dew

Laura 's social profiles:

DASH to acquire $10.6bn FUA portfolio solution

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Merlon buys out Fidante stake in business

AUTHOR

Laura Dew

Laura 's social profiles:

Former Qld adviser permanently banned

AUTHOR

Laura Dew

Laura 's social profiles:

PGIM Real Estate introduces $750m Aussie debt fund

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Aussie small-cap managers announce merger

AUTHOR

Laura Dew

Laura 's social profiles:

How can advice practices boost efficiency without tech?

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

When is a disclaimer not a disclaimer?

AUTHOR

Laura Dew

Laura 's social profiles:

New investor wave driven by younger participants

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

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