Praemium : SMA adds international

Praemium SMA launches International

29 January 2018, Melbourne: Praemium is pleased to announce that it has enhanced its leading SMA proposition in Australia with the addition of international securities.

With increasing demand for globally diversified portfolios, the addition of international model portfolios to the Praemium SMA will provide greater choice for advisers and their clients, giving them direct access to quality global investment opportunities in a cost-effective manner.

Several model managers, including Arnhem, Joseph Palmer & Sons and Watershed have been approved to run international models in the SMA scheme. The new models provide access to 26 developed international markets that are constituents of the MSCI World Index.

Praemium CEO Michael Ohanessian commented, "We are very excited to have added an international capability to the Praemium SMA. With established expertise in corporate actions and reporting for international securities, it is a natural evolution of our proposition and further strengthens our position as a leading managed accounts provider.

"The international portfolios offer access to high-calibre global investment managers, professionally managed portfolios with direct international share ownership and the tax efficiencies and cost savings that managed accounts offer. This provides advisers with the ultimate choice in diversified portfolios backed by first-class reporting and performance analysis."

About Praemium (ASX: PPS): Praemium is a global leader in the provision of investment administration, Separately Managed Account (SMA) and financial planning technology platforms. Praemium administers in excess of 475,000 investor accounts covering approximately $100 billion in funds globally, and currently provides services to approximately 800 financial institutions and intermediaries, including some of the world's largest financial institutions.

For further information contact: Paul Gutteridge, Company Secretary [phone]