Industry Analysis & Industry Trends
The Australian Funds Management Services industry is thriving. Domestic managers have attracted funds from all over the world due to their experience and a strong track record. Therefore, the portion of funds sourced from overseas markets is anticipated to grow over the five years through 2014-15. Furthermore, fund managers have been able to tap into a larger asset base. Meanwhile, Australia's growing number of high net worth individuals and a strong culture of private and national saving have increased the need for investment services, fuelling industry growth. Industry revenue is forecast to increase by an annualised 3.1% over the five years through 2014-15.
The performance of the sharemarket has a strong influence on industry revenue... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Funds Management Services industry is in the mature phase of its life cycle. Industry value added is forecast to grow at a compound annual rate of 6.5% over the ten years through 2019-20, which is faster than the forecast GDP growth of 2.7% over the same period.
Although the industry is growing strongly, there are certain factors that classify it as mature. The industry is consolidating as the big banks enter the business. Competition is high due to a saturated market for funds and the fundamental service provision of the industry has changed little over the past two decades. Finally, growth within the industry is also driven by growth with in financial assets rather than an outright increasing number of clients... purchase to read more