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Australia’s funds management industry is the largest in the Asian region

April 13, 2017

Edmund Tang, Economist - Australian Trade Commission

Australia’s funds management industry (also referred to as “managed funds” or “investment funds”) is the largest in the Asia-Pacific region and the sixth largest in the world, according to the survey produced by Washington-based Investment Company Institute. The global significance of Australia’s financial markets and sophistication of its managed funds industry (see chart below) reflects the country’s strengths in having the world’s:

  • fourth largest alternative assets under management (US$275 billion)
  • sixth largest managed fund assets under management (US$1.6 trillion)
  • eighth largest foreign exchange market (US$121 billion daily average turnover)
  • ninth largest stock market measured by free-float market capitalisation (US1$ trillion)
  • ninth largest high-net-worth market (US$735 billion)
  • tenth largest market for international and domestic debt securities combined (US$2 trillion).

Global significance of Australia

The growth and strength of Australia’s managed funds industry has been underpinned by:

  • a sophisticated investor base
  • mature, large and rapidly expanding financial markets
  • soundness of banks and an efficient financial system
  • a strong presence of leading global financial institutions
  • the development of cutting-edge investment products
  • a world-class regulatory environment
  • a universal and mandatory retirement income (superannuation) system
  • a resilient economy and a well-educated, multilingual and productive labour force.

For more information please refer to the 2017 Managed Funds Update.

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