Managed funds near $3 trillion mark

Managed funds near $3 trillion mark

Australia’s managed funds industry grew 9.2 per cent during the last financial year, new data has revealed.

At 30 June 2017, the industry had $2.97 trillion of funds under management, according to the Australian Bureau of Statistics.

That was 2.7 per cent higher than the March 2017 figure of $2.89 trillion and 9.2 per cent higher than the June 2016 figure of $2.72 trillion.

In historical terms, funds under management have grown:

  • 56.1 per cent over five years
  • 66.5 per cent over 10 years
  • 270.7 per cent over 15 years
  • 550.9 per cent over 20 years 


How are the funds invested?

Most of the money is invested in superannuation funds, according to this breakdown of unconsolidated assets of managed funds:

Asset type Share
Superannuation (pension) funds 79.2%
Public offer (retail) unit trusts 11.2%
Life insurance corporations 7.9%
Cash management trusts 1.2%
Common funds 0.4%
Friendly societies 0.2%

Did you find this helpful? Why not share this news?



Money Health Newsletter

Subscribe for news, tips and expert opinions to help you make smarter financial decisions

By signing up, you agree to the RateCity Privacy Policy, Terms of Use and Disclaimer.


Learn more about investment funds