Praemium has appointed OneVue as its superannuation administration, adding $425 million in assets to OneVue's super service.
Praemium managing director, Michael Ohanessian, said the partnership would be mutually beneficial and had encouraged great service to clients at scale.
"Praemium's fast-growing retail superannuation offer is being propelled by the rise of the SMA market," he said.
OneVue managing director, Connie Mckeage, said both groups had been aligned in their visions to create a better super experience for members.
The transition of assets is expected to be completed by the end of 2016.
The lower outlook for inflation has set the stage for another two rate cuts over the first half of 2026, according to Westpac.
With private asset valuations emerging as a key concern for both regulators and the broader market, Apollo Global Management has called on the corporate regulator to issue clear principles on valuation practices, including guidance on the disclosures it expects from market participants.
Institutional asset owners are largely rethinking their exposure to the US, with private markets increasingly being viewed as a strategic investment allocation, new research has shown.
Australia’s corporate regulator has been told it must quickly modernise its oversight of private markets, after being caught off guard by the complexity, size, and opacity of the asset class now dominating institutional portfolios.