Abstract
Overview
Introduction
Fund supermarkets in Australia 2007 examines developments in the Australian
fund supermarket sector and assesses the distribution channels that are in
operation. The report analyzes both the current and possible future trends of
the industry.
Scope
- Sizes the investment funds market and provides forecasts up to 2011.
- Reviews relevant legislative developments and their implications for fund
distribution through supermarkets.
- Profiles leading fund supermarkets in Australia.
Report Highlights
New business sales in Australia for retail managed funds increased 29%, from
USD179.6 billion for the year-ended June 2006, up to USD230.5 billion for the
year-ended June 2007. Australia' s biggest banks dominated new business sales
with St George, Westpac and NAB receiving the highest annual growth.
Industry experts feel that fund costs are likely to decline further as
competition between fund supermarkets intensifies, especially surrounding the
superannuation market. Financial adviser fees are currently under scrutiny
from the industry and media sources and customers are likely to reap the
rewards of tighter adviser costs in the future.
Reasons to Purchase
- Get an overview of the scope of the investment fund market, including past
growth and future growth.
- Understand key current and future market drivers and their implications
for fund supermarkets and fund managers.
- Use our analysis to inform fund marketing and distribution strategies and
adapt to changes in the fund supermarket model.