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Showing 1 - 5 of 5 results for "VMAAS"

Praemium revenue grows to $85m

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... market we serve. We will look to that experience as a model for ensuring the same rigorous review is applied to our VMA and VMAAS offers in 2025," Wamsteker said. "Our investments in capability and resilience have set us up for long-term success." In ...

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... recorded quarterly net inflows of $159 million. Meanwhile, the Virtual Managed Account Solution and Administration Services (VMAAS) grew at the same rate of 16% to end at $25.3 billion. "Inclusive of the core VMA software offering, Praemium provides ...

Praemium secures Mercer mandate

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... administration services agreement with Mercer, providing its Virtual Managed Account (VMA) solution and administration services (VMAAS) to the investment giant. As part of the agreement, Mercer will receive end-to-end integrated portfolio administration ...

Praemium adds Chi-X products

HARRISON WORLEY  |  MONDAY, 27 APR 2020
... investment options on Chi-X Australia." Ohanessian pointed out the "startling rise" of Praemium's VMA administration services (VMAAS), which exceeds $10 billion funds under advice and allows advisers to add the new Chi-X options without introducing additional ...

Praemium FUA skyrockets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
... HIN-based structure. The rapid rise in FUA further breaks down to: Australia's managed accounts business ($6.96bn), VMAAS ($6.45bn) and the international arm ($2.6bn). The platform generated revenue of $45.1 million, up 5% during the period. After-tax ...
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