$14.6bn Fall in Retail Managed Funds during September Quarter 2015
/Overall Retail Managed Funds at the end of September totalled $715.8bn, which was up 6.6% over the past year.
The September quarter saw funds continue to fall down by 2.0%, similar to the 1.5% decline recorded in the previous quarter as previously strong performances on underlying investment markets are starting to be pared back. Among the leading companies Macquarie (10.5%), AMP (7.6%), Perpetual (7.2%), BT (7.0%), Commonwealth / Colonial (6.6%) and Mercer (4.9%) reported positive annual growth rates.
Source: Plan For Life
