Overall Retail Managed Funds ended the year to March up 14.2% to total $657.8bn. During the March quarter funds growth slowed to be just 1.1% as the rally on international stock markets over the past couple of years took a bit of a breather; this was despite the unabated, indeed unprecedented, coordinated fiscal stimulus and easy money policies still being pursued around the world led by the US, Europe and Japan.
Most of the larger companies reported double digit annual funds under management growth rates led by Macquarie, Perpetual, Commonwealth / Colonial, AMP, BT and National Australia / MLC.
Gross Inflows fell 13.2% to $44.6bn during the March 2014 quarter however year on year they were up strongly by 21.3%. All of the main Superannuation, Retirement Income and Unit Trusts & Investment Funds markets recorded significant double digit percentage annual Inflow growth.
Click the following link for more information, including a selection of charts and graphs: PFL Media Release Retail 314 Admin
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