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 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. Many businesses in this industry are administered from a head-office, encouraging operators to choose locations in central business districts and minimising the need for regional establishments.
New South Wales and Victoria account for almost 63% of the establishments in Australia... purchase to read more