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. The portion of funds sourced from overseas markets has grown significantly over the past five years. Furthermore, fund managers have been able to access a larger asset base as funds under management (FUM) continue to grow. Australia's growing number of high net-worth individuals has increased the need for investment services, fuelling industry growth. Industry revenue is forecast to increase at an annualised 4.8% over the five years through 2015-16, with current year growth of 10.6%, to reach $7.2 billion.
The performance of the sharemarket has strongly influenced industry revenue... purchase to read more
Industry Report - Starting a New Business Chapter
Fund Management Services industry has medium barriers to entry. Within the Funds Management Services industry, it can be difficult to raise funds without prior experience or an established network. New entrants to the industry face a number of difficulties in attracting investors. Importantly, it can take time to build a reputation and investment performance history comparable with those of existing fund managers. Most boutique investment managers have built up a wealth of experience and contacts while working for large financial institutions.
There are costs involved in establishing a new business including the cost of brand building, distribution and constructing a team of skilled staff... purchase to read more