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        <title>AdviserVoicePowerwrap hits $6 billion Funds Under Administration - AdviserVoice</title>
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                <title>Powerwrap hits $6 billion Funds Under Administration</title>
                <link>https://www.adviservoice.com.au/2017/03/powerwrap-hits-6-billion-funds-administration/</link>
                <comments>https://www.adviservoice.com.au/2017/03/powerwrap-hits-6-billion-funds-administration/#respond</comments>
                <pubDate>Tue, 21 Mar 2017 20:35:21 +0000</pubDate>
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                		<category><![CDATA[From the Source]]></category>
		<category><![CDATA[Chris Brant]]></category>
                <guid isPermaLink="false">https://adviservoice.com.au/?p=48177</guid>
                                    <description><![CDATA[<h3>Australian financial services company Powerwrap Limited yesterday reported that its Funds Under Administration (FUA) had reached $6 billion, an increase of $480 million in the last month and $1 billion in the last six months.</h3>
<p>Powerwrap Managing Director Chris Brant said Powerwrap was consolidating its position at the forefront of the platform industry.</p>
<p>“Clients are responding to Powerwrap’s unique offering of a tailored, non-aligned service and recognising the benefits of having cost-competitive, convenient access to a comprehensive product suite across a range of asset classes,” he said.</p>
<p>“We are seeing continuing growth from existing clients as well as several new clients who have commenced the transition of funds onto the Powerwrap platform.”</p>
<p>Mr Brant said Powerwrap was implementing a number of platform enhancements and system improvements.</p>
<p>“We have listened to our clients and are investing substantial resources to ensure our platform meets their needs,” he said.</p>
]]></description>
                                            <content:encoded><![CDATA[<h3>Australian financial services company Powerwrap Limited yesterday reported that its Funds Under Administration (FUA) had reached $6 billion, an increase of $480 million in the last month and $1 billion in the last six months.</h3>
<p>Powerwrap Managing Director Chris Brant said Powerwrap was consolidating its position at the forefront of the platform industry.</p>
<p>“Clients are responding to Powerwrap’s unique offering of a tailored, non-aligned service and recognising the benefits of having cost-competitive, convenient access to a comprehensive product suite across a range of asset classes,” he said.</p>
<p>“We are seeing continuing growth from existing clients as well as several new clients who have commenced the transition of funds onto the Powerwrap platform.”</p>
<p>Mr Brant said Powerwrap was implementing a number of platform enhancements and system improvements.</p>
<p>“We have listened to our clients and are investing substantial resources to ensure our platform meets their needs,” he said.</p>
<p>The post <a href="https://www.adviservoice.com.au/2017/03/powerwrap-hits-6-billion-funds-administration/">Powerwrap hits $6 billion Funds Under Administration</a> appeared first on <a href="https://www.adviservoice.com.au">AdviserVoice</a>.</p>
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