Retail Managed Funds Increased by $31.7bn during December 2024 Quarter
/Retail Managed Funds rose 2.5% in the December quarter to $1,285.3bn while over the whole of 2024 they were up 14.0% due to increases in asset market values.
Leader Insignia (7.4%) saw an increase in its funds under management as did other Top 5 players Colonial (11.5%), Macquarie (17.2%), BT (8.8%) and AMP (11.5%) while more significant percentage growth was recorded by some mid-sized and smaller companies including netwealth (29.7%), HUB24 (36.5%) and Praemium (31.7%). That said so far in 2025 markets have since dived, largely due to global trade turmoil.
Source: Plan For Life
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