Platforms Drop $78.2bn in Funds Under Management over the year to March 2020
/Masterfunds ended the year to March 2020 down 9.1% to $777.4bn after diving $112.0bn or 12.6% in the latest quarter due to a dramatic slump on global investment markets triggered by all the quarantine measures adopted to control the corona virus pandemic. They have since partially recovered but remain very volatile and fragile owing to a weak economic outlook with the spread of COVID-19 still out of control in many countries.
Annual Masterfund Inflows of $167.7bn were up 11.1% from the previous year's $151.0bn, however, corresponding Outflows also rose 8.8% from $151.5bn to $164.8bn resulting in a relatively small Net Fund Inflow of $2.9bn compared to the $0.5bn Outflow reported for the previous twelve months.
Source: Plan For Life
Download Media Release (PDF): PFL_Media_Release_Platform_Wrap_320