News And Views
Praemium’s funds under administration rocket past A$8bn
Australian platform Praemium announced that gross inflows of A$760m over the last quarter have driven funds under administration to A$8.3bn (€5.2bn, £4.6bn, $6.1bn).
Praemium inks deal with WA-based wealth manager
A West Australian wealth manager with about $1.2 billion in funds under management is Praemium's newest client.
Featured Profile: Michael Ohanessian
Praemium managing director Michael Ohanessian went from project management at Mobil Oil to running a biotech company and eventually spearheading the growth at one of Australia's most exciting investment administration groups.
Praemium funds under admin breaks past $7.4bn
Praemium has hit a new record high in funds under administration (FUM), surpassing its record of $6.66 billion set from the previous quarter.
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