Praemium launches SMA solution for Futuro
Publicly-listed investment administration software provider, Praemium, has announced the launch of a new managed accounts solution for the Futuro dealer group.
Praemium announced to the Australian Securities Exchange (ASX) this week that the new solution would be powered by Praemium's SMA technology and would be made available through Futuro subsidiary Sterling Managed Investments.
The announcement said the offering would enable Futuro advisers and their clients access to diversified portfolios managed by specialist investment managers.
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