$36.2bn Growth in Wholesale Funds during September Quarter 2016

Overall Wholesale Funds at the end of September totalled $909.6bn, a cumulative increase of 6.6% over the past year with circa 90% of this occurring in the last six months as underlying investment markets show signs of more sustained growth following on from a period of fairly flat and volatile conditions; at publication date most markets remain in this positive upward trend.

Wholesale managers to record above average increases in business included AMP, State Street, Challenger, BlackRock and National Australia / MLC.

Source: Strategic Insight (Plan For Life)

Download Media Release:  PFL SI Media Release Wholesale 916