$38.6bn Fall in Reported Wholesale Funds during March Quarter

Overall Wholesale Funds totalled $1,565.0bn up 3.0% over the past year despite declining 2.4% during the March quarter.

Leading Wholesale managers reporting significant increases in their funds under management included Vanguard (10.2%), BlackRock (9.8%), Macquarie (17.7%) and DFA (15.6%). Meanwhile market leader State Street (2.0%) along with Insignia (5.9%), Victorian Funds (2.6%) and Perpetual (3.3%) all finished higher.

Source: Plan For Life

Download Media Release: PFL Media Release Wholesale 326