$45.3bn Growth in Retail Managed Funds during March Quarter 2015
/Overall Retail Managed Funds ended the year to March up 14.4% to total $742.7bn.
During the March quarter alone funds jumped another 6.5% on the back of continued strong performance on the Australian sharemarket which climbed almost 9%; however high levels of market volatility has subsequently resulted in much of this outperformance being reversed. Most of the leading companies reported double digit annual funds under management growth led by Macquarie, BT, AMP and Commonwealth / Colonial.
Source: Plan For Life
