$34.4bn Growth in Wholesale Funds during December Quarter 2017

Wholesale Funds increased 3.4% during the December quarter to $1,031.6bn and over the whole of the 2017 calendar year they were up strongly by 11.7% with the vast majority of this increase due to positive performances on underlying investment markets. 

While Wholesale market leader State Street (0.2%) reported a flat result most of the other major managers experienced significant growth led in percentage terms by UBS (60.3%), National Australia / MLC (18.5%), Challenger (16.3%), Vanguard (15.9%), BlackRock (12.9%), AMP (11.8%) and Victorian Funds Management (11.0%).

Source:  Strategic Insight (Plan For Life)

Download Media Release:  SI_PFL_Media_Release_Wholesale_1217