Earnings release
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præmium March 2021 quarterly update Praemium FUA reaches a new record 15 April 2021 , Melbourne : Praemium is pleased to provide its update for the March 2021 quarter , with record funds under administration ( FUA ) of $ 37.9 billion , up 11 % in the quarter and up 96 % compared to March 2020 . Key results for the quarter 40,000 20,000 For personal use only Aust Int'l ■ VMAAS FUA ( $ m ) 1,200 Platform Net Inflows * ( $ m ) Int'l ■ Aust 600 18 , 18 , 18 , Q1 Q2 Q3 18 , 19 , 19 , 19 , 19 , 20 , 20 , 20 , 20 , 21 , 19 , Q1 19 , Q2 19 , Q3 19 , Q4 20 , Q1 20 , Q2 20 , Q3 20 , Q4 21 , Q1 ཚ s 28 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Refer to the Key Statistics table for further detail ( * Net inflows exclude client transition ) FUA reached record highs in all segments globally , with : Australia platform FUA of $ 16.9 billion , up 224 % compared to the prior year ; International platform FUA of $ 4.4 billion , up 42 % compared to the prior year ; and FUA for VMAAS of $ 16.7 billion , up 51 % compared to the prior year . Net platform inflows for the March 2021 quarter were $ 801 million * , a 149 % increase compared to the reported March 2020 quarter . Platforms in both Australia and International recorded strong growth with : Net inflows of $ 448 million * for the Australian platform , a 194 % increase compared to the reported March 2020 quarter . This represents the 3rd - highest quarter in reported inflows despite the Xmas holiday season ; and Record net inflows of $ 353 million for the International platform , a 108 % increase compared to the March 2020 quarter . * Net flows exclude a client transition of $ 403 million in the current quarter