praemium names sarah jouhal to head up

Præmium International Ltd, the Jersey-based arm of the ASX-listed, Australia-based platform specialist Præmium Group, has announced that it has named Sarah Jouhal, a portfolio specialist, to head up its international platform operations as managing director.

praemium names sarah jouhal to head up

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Jouhal is understood to have been in the role since October.

The position is a new one,  and comes as Præmium prepares to expand its business providing platform services to advisers and investors in the offshore and international space.

Præmium established its international operations in Jersey in 2011, after receiving an investment business licence from the Jersey Financial Services Commission.  Its offices are on Union Street in St Helier.

Also new at Præmium International is Rebecca Barnes, who has been appointed head of governance and compliance.

Jouhal and Barnes will work alongside John Martin, managing director of Præmium UK, who has been actively involved in the launch of the Jersey operation, and whose clients often make use of the Jersey division’s products and services.

Jouhal, who is originally from Jersey, most recently was associate director of IFM Trust Ltd, a Jersey-based trust provider with regional outposts in South Africa, Switzerland and New Zealand.  During her more than 20 years’ of  experience managing investment portfolios for wealthy individuals, Jouhal has worked in a number of key overseas markets, including Canada, Belgium and France. 

Barnes’s most recent position was with the government of Abu Dhabi’s  Accountability Authority.

The Præmium platform provides investment portfolio administration facilities and services – in a choice of sterling-, dollar- or euro-denominations – to financial advisers, trustees and discretionary managers serving the expat community. Investors may access their  portfolios on-line, and they and their advisers may also make use of the company’s separately managed account (SMA) technology. 

As reported, Præmium announced last September that it would be taking over a BlackRock separately managed accounts business in Australia, which it had been providing technology support to since 2005, and which had more than A$600m ($614.7m, €469.7m) in funds under management across 100 model portfolios.

At the same time Præmium also announced that it was to acquire a Hong Kong-based provider of customer relationship management (CRM) technology, WealthCraft Systems Ltd, to  enable Præmium to offer its wealth manager and advisory clients the ability to access their client data, planning tools and commission/fee payments on the same platform as the one holding these clients’ investments.

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