Overall Masterfund business increased 9.8%, or $55.2bn during 2014

Overall Masterfund business increased 9.8%, or $55.2bn during 2014 to stand at $620.2bn; they climbed $23.1bn, or 3.9% in the December quarter alone on the back of buoyant, if at times nervous and wobbly, investment markets that in turn were supported by unprecedented stimulatory low interest rate policies of governments worldwide.

Masterfund Inflows of $149.9bn were up by a more moderate 5.7% following a 24.2% jump in 2013 while corresponding Outflows rose 12.0% from $112.2bn to $125.6bn.  All major companies reported growth in their funds under management led by Commonwealth / Colonial (12.0%), AMP (11.7%) and BT (11.1%).

PFL Media Release Platform and Wrap 1214

Wholesale Funds $26.2bn Growth in during Dec-14 Quarter

Wholesale Funds increased another 3.5% during the December quarter to $765.4bn while over the whole of the 2014 calendar year they were up 10.2% with circa two thirds of this rise being due to the solid, albeit at times bumpy, performances of the underlying investment markets.

Most of the leading Wholesale fund managers reported significant growth with UBS (25.3%), National Australia / MLC (19.2%), Vanguard Investments (15.6%) and Perpetual (14.2%) achieving the highest rates.

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PFL Media Release Wholesale 1214

Retail Managed Funds up 3.7% during the Dec-14 quarter.

Retail Managed Funds ended 2014 on a positive note, up another 3.7% during the December quarter.

Overall the 2014 calendar year was one of solid consolidation with total funds under management increasing by 8.8% to $702.3bn.  This growth was in large part as a result of buoyant, if at times understandably somewhat nervous and wobbly, underlying investment markets that in turn were supported by the continued unprecedented stimulatory low interest rate policies of governments around the globe.  Some of the better performers among the market leaders included AMP (10.5%), BT (10.1%), Commonwealth / Colonial (10.0%), IOOF (7.9%) and National Australia / MLC (6.7%).

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PFL Media Release Retail 1214 Admin

PFL Media Release Retail 1214 Marketer

Total Risk Market Inflows up 11.1% to $14.2bn at Dec-2014

Inflows into the Lump Sum sub-market grew by 6.6% with most companies reporting at least some increase in business.  Among the market leaders, TAL (6.4%) and OnePath (6.3%) experienced the highest percentage increases in their Inflows year on year.

Risk Income Inflows increased 5.8% over the past year.  Among the better performers in percentage terms were TAL (12.0%) and OnePath (11.1%).

Overall Group Risk Premium Inflows were up 19.7%.  Of the larger companies, AIA (28.1%) and TAL (26.1%), recorded well aboveaverage percentage increases in their annual Group Risk Inflows, largely due to pricing increases.

Source: Plan For Life

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PFL Media Release Risk Market 1214