Praemium adds Chi-X funds

Australian wealth management technology company Praemium has added all 30 Chi-X TraCRs, Chi-X Funds and Chi-X Warrants to the Praemium platform.

Funds available include, XKAP: Active X Kapstream Absolute Return Income Fund, ECOR: eInvest Core Income Fund, and PAYS: Schroder Absolute Return Income Fund.

"A broader product suite helps our advisers provide a greater choice of investments to suit their clients' individual needs," Praemium chief executive officer Michael Ohanessian said.

Chi-X Australia chief executive officer Vic Jokovic, said the two organisations have good alignment.

'"Managed accounts have become a significant part of the financial advice experience and Praemium is driving innovation in that area with its virtual managed accounts platform (VMA). Chi-X Investment Products are ideally suited to advised clients who appreciate the value of innovative investment solutions," he said.