Praemium SMA launches international

praemium/managed-accounts/

29 January 2018
| By Oksana Patron |
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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.”

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