$23.4bn Growth in Wholesale Funds during September Quarter 2017

Overall Wholesale Funds at the end of September totalled $997.9bn, a cumulative increase of 8.6% over the past year with 2.4% occurring in the latest quarter.  Investments earnings were responsible for circa 70% of this growth with underlying markets posting positive results; at the publication date markets continue to perform strongly.

Wholesale managers recording above average funds growth were UBS, Commonwealth / Colonial, National Australia / MLC, Challenger, AMP, Vanguard and Victorian Funds Management.

Source:  Strategic Insight (Plan For Life)

Download Media Release:  SI_PFL_Media_Release_Wholesale_917