Industry Intelligence: Australian Funds Management Industry

Australian funds management industry experienced an increase by $24.5 billion to $1.68 trillion in the first quarter of 2017. Total assets under management for discrete mandates grew significantly, accounting for the biggest share of the market.
Meanwhile, the industry net flow for March 2017 quarter was positive at $3.8 billion. We also note that a home bias to Australian Equities is still prevalent but has been declining over the past 5 years.

Further, Multi-sector and Fixed Interest sectors have experienced largest inflows over the March quarter. AustralianSuper attracted the largest inflow in the superannuation segment in Q1 2017.