Industry Analysis & Industry Trends
The Australian Funds Management Services industry is thriving. With experienced individuals and a strong track record, domestic managers have attracted funds from all over the world. The portion of funds sourced from overseas markets is anticipated to grow over the five years through 2013-14. Furthermore, the fund managers have been able to tap into a larger asset base. Australia's growing number of high net worth individuals and a stronger culture of private and national saving have also fuelled industry growth as the need for investment services grows. The industry is expected to continue growing as global financial markets stabilise over the five years through 2018-19. Industry revenue is forecast to increase at a compound annual rate of 3.9% over the five years through 2013-14... purchase to read more
Industry Report - Industry Locations Chapter
In general, industry establishments are located in line with the distribution of major business and financial hubs, and the general population. The head offices of fund management firms are located predominantly in Sydney and Melbourne. This reflects the distribution of population and investors in New South Wales and Victoria, and the tendency to locate offices in cities that are regarded as financial centres.
New South Wales and Victoria account for approximately 63% of the establishments in Australia. The industry is strongly represented in these states as they represent Australia's financial services centres, with a highly skilled multilingual workforce, competitive costs, a low-risk business environment and telecommunications infrastructure... purchase to read more