$90.5bn Increase in Wholesale Funds during March 2024 Quarter

Overall Wholesale Funds at the end of March totalled $1,430.4bn up by 14.1% over the past year, jumping 6.8% in the March quarter alone.

All the larger Wholesale managers reported increased funds under management including in particular market leaders State Street (20.1%), Vanguard (10.6%) and Challenger (20.0%) together with BlackRock (19.0%), Macquarie (16.1%) and MFS (10.3%) recording double digit annual growth rates.

Source: Plan For Life

Download Media Release: PFL Media Release Wholesale 324