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Data Alert: Australia’s Managed Funds Assets now at A$1.8 trillion

11 March 2011

Australia had A$1.79 trillion (US$1.82 trillion) in Funds Under Management (FUM) in the December quarter 2010. Australia’s FUM are equivalent to over 130 per cent of the country’s nominal GDP and represents around 126 per cent of domestic equity market capitalisation. The continued strong growth in FUM has been underpinned by Australia’s mandatory retirement income system. The global significance of Australia’s FUM and the maturity of our industry will see Australia develop as a fund management centre for the region. The openness of our market and the increasing demand for global and alternative product also make Australia an attractive location for foreign managers looking to establish and grow a presence in the region.

Download Austrade Data Alert: Australia's Managed Funds Assets now at A$1.8 trillion (PDF)

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