Fund managers that were recently acquired or have undergone significant structural changes are seeing massive outflows within their unit trust business to the tune of $21 billion.
Macquarie Asset Management won multiple awards at last night s Financial Standard Investment Leadership Awards, including the highly coveted Investment Manager of the Year Award.
Research from Rainmaker Information has found investors could potentially make more money by investing in managed investment products experiencing net outflows over chasing returns in popular funds.
The managed fund industry had estimated net flows of $16 billion in the 12 months to June 2022, an increase in funds under management (FUM) through net flows of 2.3%, according to the Rainmaker Information Wholesale Managed Funds Net Flows report.
The Australian equities large cap category had the highest net flows in FY22. New research published by Rainmaker Information has revealed that Australia’s managed fund industry experienced estimat