Platforms Rise $46.2bn in Funds Under Management over the year to March 2019
/Masterfunds ended the year to March 2019 up 5.7% to $858.5bn after climbing $47.4bn or 5.8% in the latest quarter as Australian and Overseas investment markets recovered from the partial corrections they suffered in late 2018.
Annual Inflows into Masterfunds of $150.6bn fell 8.1% from the previous year's $163.8bn however corresponding Outflows were up 5.9% from $143.5bn to $152.0bn and as a result there was a Net Fund Outflow of $1.4bn compared to the $20.6bn Inflow reported for the previous twelve months.
Source: Strategic Insight (Plan For Life)
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