• Total Australian FUA up 17% to $62.3 billion
• Platform FUA up 24% to $30.0 billion
• Spectrum net inflows of $440 million

Praemium has reported its funds and flows for the quarter ended 31 March 2025. Total funds under administration (FUA) reached a record $62.3 billion, up 17% from $53.3 billion a year earlier. The company's platform FUA increased 24% to $30.0 billion, driven by strong net inflows of $440 million to the Spectrum IDPS solution. The Praemium SMA scheme achieved quarterly net inflows of $120 million, while Powerwrap experienced modest net outflows of $66 million. OneVue added $4.1 billion in FUA at acquisition and decreased slightly to $4.0 billion at 31 March 2025, including a $130 million net outflow for the quarter. The integration of OneVue remains on track, with the technology and product transition due to be completed by the end of the financial year. Scope+ non-custodial Portfolio Administration and Reporting Service FUA increased 11% to $32.3 billion. The quarter saw $451 million in negative market movement, representing approximately -1.5% of the value of Platform FUA at 31 March 2025.