Australian portfolio administration services provider Praemium continues to grow its business in the United Kingdom and has signed a contract with UK investment manager Montague Capital to provide Praemium's dps Select service to handle investment portfolios for clients of accounting and financial advice firms.
Montague Capital is a boutique-style discretionary investment manager offering advisory and model portfolio services to financial adviser firms and accountancy practices with independent financial adviser arms. "Our arrangements with Montague Capital reflect yet another successful stage in our expansion into the lucrative UK market," Praemium Group managing director Arthur Naoumidis said.
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