Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Praemium renews portfolio admin deal

praemium/asgard-capital-management/people-and-products/

18 December 2018
| By Anastasia Santoreneos |
image
image image
expand image

Praemium has renewed its contractual agreement with Asgard Capital Management to provide portfolio administration services.

The firm has been providing portfolio administration to Asgard for the last 11 years, and its current contract was set to expire in November this year.

The renewal would extend the arrangement for up to six years, with a minimum three-year period, and would retain a minimum contract value of $3 million per year.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 1 day ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 4 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 4 days ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND