Data Alert: Australia’s Managed Funds Market Update 2 December 2009 Australia has one of the world’s largest contestable pools of investment fund assets. In the September quarter 2009, Australia had A$1.3 trillion in funds under management (FUM).
Australia’s FUM are equivalent in size to the domestic equity market capitalisation and represent almost 110 per cent of the country’s nominal GDP.
Australia’s investor base is both sophisticated and outward looking, with significant exposures to global markets and alternative asset classes.
The FUM sector has many strengths – in portfolio construction, risk management, wealth advisory, distribution capabilities, funds administration, and custody services – and is looking to export services to the region.
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