Ann: PPS Investor Presentation - H1 FY2022 Results, page-62

Thanks Sircorp for heads re the CEO being the founder and vendor of ME bank.

This screenshot is from the investor presentation to PPS shareholders dated 9/7/20 about the merits of the acquisition of Powerwrap. I know a bit about the size of the global corporate bond market compared to equity markets and the value of having the choice of these as investment assets suitable for an account-based pension within an SMSF. Definitely a competitive advantage for the combined PPS having these (OTC bonds) on their platform and it may part-way explain why they have continued to grow their AUM by attracting HNW through adviser channels. Not to mention PPS offer a white label wrap service and a major global provider of financial advisory services are one such group that uses their tech in Australia.


The current selloff in HUB/NWL/PPS is also exacerbated by the tech/growth stocks sell off due to the spike in inflation and prospect of rising interest rates. This company could very well do what HUB has done and grow very quickly once scale is achieved vv XRO.