$30.7bn Growth in Retail Managed Funds during March 2023 Quarter
/Retail Managed Funds finished the past year slightly lower down by 1.6% to total $1,072.8bn despite them rising 2.9% in the March quarter.
Companies posting double digit percentage increases in their funds under management were HUB24 (16.5%), Challenger (14.5%) and netwealth (14.1%) however all four leaders declined with Insignia (-4.2%), BT (-7.5%), AMP (-6.8%) and Commonwealth / Colonial (-4.6%).
Source: Plan For Life
Download Media Releases:
