Praemium SMA launches international
Praemium has announced it has expanded its separately managed account (SMA) proposition in Australia with the addition of international securities.
The international model portfolios would be expected to provide greater choice for advisers and their clients by giving them access to global investment opportunities in a cost-effective manner, the company said.
Under the new models, the clients would have access to 26 developed international markets that were constituents of the MSCI World Index.
The international models in the SMA scheme would be run by a number of model managers, including Arnhem, Joseph & sons and Watershed.
“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,” Praemium’ chief executive, Michael Ohanessian, said.
“This provides advisers with the ultimate choice in diversified portfolios backed by first-class reporting and performance analysis.”
AUTHOR
Oksana Patron
Recommended for you
Two former senior Global X employees have launched their own ETF provider, ETF Shares, focused on offering index ETFs for advisers and retail investors.
With GCQ Funds Management and Lakehouse Capital making their recent ETF debuts, the two fund managers unpack why financial advisers are essential to their respective launches.
ETF provider Global X is set to launch its latest ETF, focused on artificial intelligence infrastructure.
Index provider MSCI has unveiled two measures to make it easier for financial advisers and wealth managers to access transparent insights into private assets.
