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 - Industry SWOT Analysis Chapter
The Funds Management Services industry is in the mature phase of its life cycle. Industry value added, which measures the industry's contribution to the overall economy, is forecast to grow at a compound annual rate of 3.8%. This represents an outperformance of forecast GDP growth of 2.7% over the same period. This means that the industry is increasing as a share of the overall economy.
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. There is a growing need for better pricing methods of new and sophisticated financial products as clients demand more stable returns... purchase to read more