$20.7bn Growth in Wholesale Funds during December Quarter 2015
/Wholesale Funds increased another 2.6% during the December quarter to $823.4bn while over the whole of the 2015 calendar year they were up 7.1% with circa half of this rise being due to generally positive, albeit at times bumpy, performances on the underlying investment markets.
Among the leading Wholesale fund managers AMP (23.8%), State Street (14.4%), UBS (12.0%), Challenger (9.5%) and National Australia / MLC (8.4%) all reported above average growth rates.
Source: Plan For Life
