$17.2bn Increase in Retail Managed Funds during March Quarter 2017
/Overall Retail Managed Funds ended the year to March up 10.1% to total $828.3bn. During the March quarter they increased 2.1% with most this rise due to positive performances on underlying investment markets.
Over the past year all of the leading companies reported increases in their funds under management led by netwealth, Macquarie, Mercer, AMP, Commonwealth / Colonial and BT.
Source: Strategic Insight (Plan For Life)
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