December 2020 quarterly update

A record quarter for inflows 13 January 2021, Melbourne: Praemium is pleased to provide its update for the December 2020 quarter, with record platform inflows of $1.1 billion, up 128% compared to last year’s December quarter.

Praemium’s global FUA increased 10% during the quarter to $34.3 billion, with record FUA achieved in all segments compared to the September quarter:

» Australia platform FUA of $16.4 billion, up 10%;

» International platform FUA of $3.9 billion, up 13%; and

» FUA for VMAAS of $14.0 billion, up 9%