$15.6bn Growth in Wholesale Funds during June Quarter 2016

Wholesale Funds grew by 1.8% during the June 2016 quarter to $878.0bn however overall for the past twelve months they remained little changed, up just 0.6% due to the twin effects of negative net Fund Flows coupled with relatively marginal investment earnings.

AMP, Challenger and BlackRock reported increases in their Wholesale funds under management offset by falls recorded by UBS, Vanguard and MFS.

Source: Strategic Insight (Plan For Life)

Download Media Release: PFL SI Media Release Wholesale 616