Retail Managed Funds Increased $72.4bn during the June Quarter
/Retail Managed Funds ended the 2024/25 financial year 12.4% higher to total $1,350.6bn following a 5.7% rise in the latest June quarter. Growth was mainly due to buoyant investment markets and to lesser degree positive net cash-flow.
Market leaders Insignia (7.6%), Macquarie (11.0%), Colonial (11.5%), BT (8.0%) and AMP (10.4%) all reported significant growth. A couple of bigger percentage increases were recorded by mid-tier players HUB24 (33.6%) and netwealth (27.7%) while Mercer (12.1%) also finished higher.
Source: Plan For Life
Download Media Releases:
