$13.5bn Growth in Wholesale Funds during September Quarter

Wholesale Funds totalled $1,565.3bn at the end of September, up 0.9% over the quarter and 5.7% over the year, with growth largely driven by positive investment returns as net flows remained volatile. Wholesale Investment funds grew 4.4% over the quarter and 9.4% over the year, lifting their share to 44.7%, while Institutional funds declined 1.8% in the quarter to be 2.8% higher year on year.

Wholesale Investment strategies continue to outperform Institutional mandates in both growth and net flows.

Source: Plan For Life

Download Media Release: PFL Media Release Wholesale 925