Praemium renews portfolio admin deal

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.

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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.

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