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’...

2 months 3 weeks ago

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

3 months 2 weeks ago

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

3 months 3 weeks ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

3 weeks 4 days ago

The central bank has released its decision on the official cash rate following its November monetary policy meeting. ...

3 weeks 3 days ago

Advice firms are increasing their base salaries by as much as $50k to attract talent, particularly seeking advisers with a portable book of clients, but equity offerings ...

1 week 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo