Platforms Rise $58.7bn in Funds Under Management over the year to March 2018

Masterfunds ended the year to March 2018 up 7.8% to $809.3bn although in the latest quarter they fell slightly by $12.2bn, or 1.5%.  Almost 60% of this increase was due to the solid performances on Australian and Overseas investment markets over the past year.

Annual Inflows into Masterfunds of $164.1bn increased 11.9% on the previous year's $146.6bn while corresponding Outflows were also up 10.2% from $130.1bn to $143.5bn and as a result Net Fund Flows jumped by more than a quarter, or 25.2% from $16.5bn to $20.6bn, back up to the level recorded 2 years ago.

Source:  Strategic Insight (Plan For Life)

Download Media Release (PDF):  SI_PFL_Media_Release_Platform_Wrap_318