Overall Masterfund business increased 9.8%, or $55.2bn during 2014
/Overall Masterfund business increased 9.8%, or $55.2bn during 2014 to stand at $620.2bn; they climbed $23.1bn, or 3.9% in the December quarter alone on the back of buoyant, if at times nervous and wobbly, investment markets that in turn were supported by unprecedented stimulatory low interest rate policies of governments worldwide.
Masterfund Inflows of $149.9bn were up by a more moderate 5.7% following a 24.2% jump in 2013 while corresponding Outflows rose 12.0% from $112.2bn to $125.6bn. All major companies reported growth in their funds under management led by Commonwealth / Colonial (12.0%), AMP (11.7%) and BT (11.1%).
