Leading the Asia-Pacific region, Australia has one of the largest and fastest growing funds management sectors in the world. The sector is driven largely by the country's government-mandated retirement scheme and continues to create new opportunities for fund managers, service providers and related entities.

Further strengthening this burgeoning sector is the sophistication of Australia's investor base. Retail investors engage the market with a confidence and know-how that highlights the maturity of the sector and ensures an ongoing demand for cutting-edge products.

The sector has attracted many foreign asset managers, including companies such as Aberdeen, Allianz, AXA, BNP Paribas, CAAM, Credit Suisse, Fidelity, Invesco, Schroders, State Street and Vanguard.

Australian legislation enables single entities to have overall responsibility for managed investment schemes and provides a clear framework for funds managers and investors by simplifying the investment process and streamlining legal obligations.