Platforms Rise $57.9bn in Funds Under Management over the year to September 2016
/Masterfunds ended the year to 30 September 2016 up 8.8% or $57.9bn to total $713.4bn. During the September quarter they rose $23.6bn, or 3.4%.
Investment earnings on underlying assets over the past year accounted for circa 2/3rds of this increase in funds. Year on year reported Inflows into Masterfunds decreased 4.7% to $136.9bn while corresponding Outflows were relatively little changed up just slightly by 0.8% to $118.9bn.
Source: Strategic Insight (Plan For Life)
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