Industry Analysis & Industry Trends
Investing can be a capricious undertaking. Calm conditions can swiftly give way to manic swings. It only takes a rumour, an announcement or a data release to cause destabilisation. The investment vehicles, mostly trusts, comprising the Financial Asset Investing industry were reminded of the fickle nature of markets. In 2007-08, revenue tumbled as financial markets turned sour. Over subsequent years, markets remained unstable, exhibiting long runs of uncertainty and volatility. The industry's fortunes are expected to improve in 2012-13, as the domestic equity market and equity markets worldwide pick up.
In 2006-07, a euphoric bull market in previous years caused industry assets to surge, peaking at $269.8 billion... purchase to read more
Industry Report - Industry Analysis Chapter
Although the industry excludes funds that are managed on a fee or commission basis, the industry has suffered the same fate as other financial services firms. After several years of healthy, consistent asset growth, financial asset investors were abruptly re-acquainted with the unpredictable side of financial markets in 2007-08. The US subprime crisis and subsequent global financial catastrophe caused managed funds to tumble, ushering in two years of falling industry assets and revenue. Australia's heavy reliance on the mining boom to drive the economy has left the economy on precarious ground, especially with miners dominating a significant portion of the nation's stock exchange. IBISWorld expects asset returns to be modest in 2012-13... purchase to read more