Retail managed funds suffer $80bn decline
The retail managed funds market was down more than $80 billion in the June quarter. Australia’s retail managed funds moved 4.6 per cent lower during the 2021/22 financial year to $1,005.5 billion,
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The retail managed funds market was down more than $80 billion in the June quarter. Australia’s retail managed funds moved 4.6 per cent lower during the 2021/22 financial year to $1,005.5 billion,
Wholesale and retail funds have seen a reduction of almost $200 billion during the June quarter with volatile global stock markets continuing to wreak havoc.
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