Platforms jump $89.1bn in FUM over the year to March 2015
/Masterfunds ended the year to March 2015 up 15.5% to total $662.8bn. During the March quarter alone they rose $42.5bn, or 6.9% as the Australian stock market powered ahead however the continued volatility has recently seen much of this out-performance now reversed.
Annual Inflows into Masterfunds of $145.9bn were down slightly by 2.3% on the previous year's $149.3bn while corresponding offsetting Outflows rose 2.8% from $117.2bn to $120.4bn, this resulted in an overall 20.8% drop in Net Fund Flows from $32.2bn to $25.5bn.
Source: Plan For Life
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