Australian share funds swell to record $59b sum Save Share Assets held in managed funds and exchange traded funds around the world that invest in Australian equities have surged to a record high $US45.8 billion ($58.7 billion), capping a blistering run through the pandemic that has sent the sharemarket close to a new high. The new peak marks an 89 per cent increase in assets for the funds from the lows of March last year, propelled by investor inflows that have touched almost $US4 billion and the roaring rally in the S&P/ASX 200 that has nearly erased the losses from the pandemic.