Platforms Decline $10.6bn in Funds Under Management during 2018
/Overall Masterfund business was down slightly by 1.3% or $10.6bn during 2018 to stand at $811.2bn.
A significant sell-off on global stock markets saw them fall between 10-20% in the December quarter more than wiping out all of the rest of the year’s investment earnings however since then they have recovered much of what was lost but remain highly volatile. Masterfund Inflows of $149.1bn fell 9.8% in 2018 while Outflows rose slightly 1.2% to $145.6bn giving an overall Net Flow of $3.6bn, down sharply on the $21.4bn posted in 2017.
Source: Strategic Insight (Plan For Life)
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