$10.8bn Decrease in Retail Funds during March 2025 quarter
/Retail Managed Funds at the end of March totalled $1,278.9bn after declining slightly by 0.8% in the latest quarter while over the past year they were up 7.1% thanks to a combination of positive investment earnings and net fund flows.
All the leading companies reported increases in their funds under management with in particular HUB24 (28.6%) and netwealth (22.3%) along with smaller player Praemium (23.7%) recording double digit percentage growth. Market leader Insignia (2.2%) finished slightly higher while Colonial (4.7%), Macquarie (6.6%) and AMP (5.2%) were also up.
Source: Plan For Life
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