Platforms
Record int’l inflows for Praemium despite boardroom battle
Platform provider Praemium reported record international inflows of A$184m (£113m, $138m, €130m) in the first three months of 2017, despite an ongoing power struggle between the company’s board and its ousted chief executive.
Tensions rise as Praemium face off approaches
Ousted Praemium chief executive Michael Ohanessian’s “aggressive” relationship with the board and his unwillingness to “make necessary changes in his behaviour” are why shareholders should vote against his reinstatement, chairman Greg Camm has said.
Multi Asset | 4 Apr 17
Coutts opens online platform; launches passives range
Coutts is offering access to five risk-graded multi-asset passive funds via a new online platform, Coutts Invest.
Multi Asset | 28 Mar 17
AJ Bell unveils holdings for multi-asset launches
AJ Bell’s first fund launch, a range of five diversified multi-asset funds that are risk-rated from cautious to adventurous, will start trading on 18 April 2017.
Praemium agrees to showdown with ex-CEO Ohanessian
Australia-based platform provider Praemium will hold a shareholder meeting at the request of recently sacked chief executive Michael Ohanessian after he launched a bid to oust chairman Greg Camm and three directors.