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Praemium Provides March 2019 Quarterly Update

23 Apr 2019  |  08:47:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: March 2019 quarterly update

Praemium provided update for the March 2019 quarter, with key achievements of combined quarterly gross platform inflows of $744m; UK/International gross platform inflows of $234m; Net platform inflows of $438m; and Platform FUA of $8.9bn, up 13% over the quarter from inflows and improving equity markets. It announced extension of its VMA reporting and administration solution to Shaw and Partners, with incremental revenue of $1m.

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