$30.9bn Increase in Reported Wholesale Funds in June Quarter

Over the past year Wholesale Funds rose 9.8% to $1,549.3bn after increasing 2.0% in the June quarter with most of the leading managers seeing significant growth including in particular market leaders State Street (18.9%), Vanguard (8.6%), Insignia (9.5%) and Victorian Funds (8.5%) while by contrast 3rd placed Challenger (-3.7%) finished lower.

Meanwhile other major Wholesale managers also seeing rises included Perpetual (10.4%), UBS (16.0%), BlackRock (13.7%), Macquarie (17.2%) and DFA (15.6%).

Source: Plan For Life

Download Media Release: PFL Media Release Wholesale 625