$69.9bn Growth in Wholesale Funds during March Quarter 2015
/Overall Wholesale Funds at the end of March totalled $837.8bn, jumping by 18.4% over the past year. Almost half of this annual growth can be attributed to the March quarter alone when Wholesale funds under management shot ahead another 9.1% largely on the back of a soaring Australian stock market.
However the continued volatile and fluid state of investment markets generally is evident in the fact that by now the majority of this March quarter investment earnings out-performance has been already reversed. Both of the main Wholesale Institutional and Wholesale Investment markets experienced significant growth up by 16.6% and 22.4%. All of the leading Wholesale managers reported strong double digit annual growth with some of the better performances in percentage terms recorded by UBS, MFS, Vanguard, Perpetual, BlackRock, State Street, National Australia / MLC and Commonwealth / Colonial.
Source: Plan For Life
