Praemium wraps Macquarie CMA
Financial services platform provider Praemium Limited has added the Macquarie Cash Management Account to its personal investment wrap, Smartwrap.
The company has told the Australian Securities Exchange the move was aimed at financial advisers who had expressed a strong preference for the Macquarie product.
Commenting on the move, Praemium Group chief executive Arthur Naoumidis said it had always been the company’s intention to expand the cash product suites in Smartwrap and he believed the inclusion of the Macquarie product would only strengthen the product’s position in the marketplace.
AUTHOR
Mike Taylor
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