Wholesale Funds Rose by $67.3bn during September 2024 Quarter

Wholesale Funds at the end of September totalled $1,471.9bn up 4.8% over the quarter while over the whole of the past year they increased 15.8% due to a combination of buoyant investment returns and to a lesser extent positive net cash-flow.

Leading Wholesale managers that reported well above average increases in their funds under management included all three of the market leaders State Street (28.4%), Vanguard (19.0%) and Challenger (21.1%) along with BlackRock (26.3%), Macquarie (21.2%) and DFA (34.0%).

Source: Plan For Life

Download Media Release: PFL Media Release Wholesale 924