Funds under management report: 2007-08

28 August 2008
| By Jayson Forrest |

Total funds under management (FUM) in the wholesale market of pooled superannuation and wholesale trusts decreased by 14.4 per cent from June 2007-08, dropping $53.4 billion to $317.3 billion, according to the Analysis Market Share Report released by Dexx&r.

Total retail and wholesale FUM dropped by $115 billion to $849 billion in the last year, a drop of 11.9 per cent. It decreased by 3.7 per cent in the June quarter.

The employer superannuation market declined by a small 0.3 per cent for the quarter to $77.4 billion, while the personal superannuation market suffered a decline of 15.3 per cent, a fall of $29.5 billion, over 12 months to June.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 5 months ago
Kevin Gorman

Super director remuneration ...

1 year 6 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 6 months ago

Private market assets in super have surged, while private debt recorded the fastest growth among all investment types....

20 hours ago

The equities investor has launched a new long-short fund seeded by UniSuper, targeting alpha from ASX 300 equities using AI insights....

20 hours ago

The fund has strengthened efforts to boost gender diversity, targeting 40:40:20 balance across its investment teams by 2030....

20 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3