Industry Analysis & Industry Trends
The Australian Funds Management Services industry is thriving. With experience 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 2014-15. Furthermore, 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 has grown. Industry revenue is forecast to increase by a compound annual 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 Analysis Chapter
Fund managers offer a variety of products and different levels of service depending on a client's size. Tailored mandate solutions are available for larger clients, while smaller investors can tap into the skills of fund managers through a registered investment scheme. The amount of money managed by fund managers is commonly referred to as funds under management (FUM). Total assets invested by Australian fund managers on behalf of clients are forecast to reach $863.8 billion in 2014-15. Industry revenue is forecast to increase by an annualised 3.1% over the five years through 2014-15, driven by strong rises in funds under management. Industry profitability is expected to remain steady over the period, supported by a strong consumer appetite for active investment options... purchase to read more