Praemium administration service grows to $6billion

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Following its launch 18 months ago the Praemium non-custodial VMA Administration service, has grown to over $6 billion in funds under administration (FUA). The service was launched to supplement Praemium’s market-leading non-custodial Virtual Managed Account (VMA) solution, currently managing over $100 billion in assets. Morgan Stanley and Shaw & Partners signed up to the VMA […]

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Morgan Stanley & Praemium extend partnership

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Praemium is delighted to have extended its relationship with Morgan Stanley Wealth Management Australia, to transition 2,500 new portfolios to the Praemium platform, with an incremental contract value of approximately $1 million per annum. The Praemium integrated Managed Accounts Platform, launched earlier this year, offers adviser groups a one-stop-shop to operate multiple investment approaches, by […]

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Praemium releases major platform upgrade

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Praemium is pleased to announce the launch of a major technology upgrade and new rebrand for its global investment platform. With this upgrade, our addressable market in Australia expands from the $62 billion Managed Accounts segment1 to the $860 billion overall platform market2. Praemium’s unique, integrated platform will deliver the ultimate Unified Managed Accounts (UMA) […]

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Praemium signs 5-year contract with CMC Markets

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Praemium has announced that it has signed a 5-year contract with CMC Markets Stockbroking Limited (CMC) to provide Tax Tools, Praemium’s advanced tax reporting solution. Praemium has been providing Tax Tools since 2008 to a key institutional client at a previous minimum contract value of $1 million per annum. Under the new Agreement, Praemium will […]

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Morgan Stanley chooses Praemium’s SMA solution

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Praemium is pleased to advise that it has agreed terms with Morgan Stanley Wealth Management Australia to broaden its longstanding relationship to include Managed Accounts. Praemium’s market-leading SMA technology will provide a completely automated Managed Accounts investment solution, supplementing the existing performance and tax reporting services that Praemium has been providing Morgan Stanley since 2005. […]

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JBWere extends contract with Praemium

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Praemium is pleased to announce that JBWere Limited has extended its agreement for Praemium to provide reporting solutions to their wealth management client portfolios for a further 2 years. The solution, based on Praemium’s portfolio administration and reporting software, has a current annual value in excess of $1 million. Building on its core functionality for […]

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Praemium inflows continue to grow as SMA leads the way

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Praemium is pleased to report strong platform inflows in the March 2018 quarter, with combined gross inflows of $671 million, the third highest on record. FUA for the March quarter of $7.8 billion was up 5.2% on the December quarter of $7.4 billion despite sharp declines in equity markets. The March 2018 quarter included progress […]

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