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 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 at a compound annual rate of 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 - Starting a New Business Chapter
Within the Funds Management Services industry, it can be difficult to establish networks without prior experience. New entrants to the industry face a number of difficulties in attracting investors. Importantly, it can take time to build up a reputation and investment performance history comparable with those of existing industry players. Most boutique investment managers have built up a wealth of experience and contacts working with 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. The cost of operating a fund is lower the greater the value of FUM... purchase to read more