Funds management in Australia is big business. Australians have the highest average per capita investment in managed funds in the world. The Australian Funds Management industry is the fourth largest in the world and the largest in the Asia-Pacific. Although a large proportion of these funds come from superannuation, Australia's growing number of high net worth individuals and a stronger culture of saving have been fuelling industry growth.
The global financial crisis weakened the industry, causing the value of funds under management (FUM) to fall by 8.9% in 2007-08 and 18% in 2008-09.
The industry consists of establishment engaged in the management of unit trusts, collective investment funds and other investment products and administration services for retail and wholesale clients. Industry participants generate income by providing portfolio investment services, investment consultant services, and administration services for investment funds and trusts on a commission and fee basis.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.