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Australian Investment Blog

ASX:PPS 19/04/2021

Praemium (PPS) FUA update impresses

PPS +2.67%: PPS rallied again today on some decent quarterly flow numbers, seeing Funds Under Administration (FUA) up 11% in the quarter, taking the company’s totally to $37.9b. The growth in international holdings was a big driver of the growth, and it is key to the company’s financial performance near term as they push towards break even on the international side.

PPS
MM is bullish PPS
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Praemium (PPS)
By Harry Watt
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