Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
5655.0 - Managed Funds, Australia, Dec 2009  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 25/02/2010   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

ANALYSIS


CONSOLIDATED ASSETS

By type of institution

At 31 December 2009, consolidated assets of superannuation funds were $846.2b, up $31.1b (4%) on the September 2009 figure. Consolidated assets of life insurance offices were $182.0b, an increase of $4.0b (2%); consolidated assets of public unit trusts were $259.4b, an increase of $1.7b (1%); consolidated assets of friendly societies were $3.6b, a decrease of $0.4b (11%); consolidated assets of common funds were $6.9b, a decrease of $0.1b (2%); and consolidated assets of cash management trusts were $37.5b, a decrease of $4.7b (11%).

Graph: Life insurance offices


By type of asset

The asset types to increase for the quarter were equities and units in trusts, $19.9b (4%); assets overseas, $10.4b (5%); land and buildings, $3.9b (3%); and, long term securities, $3.4b (4%). The asset types to decrease were cash and deposits, $2.5b (2%); short term securities, $1.0b (1%); loans and placements, $1.0b (3%); and, other assets, $1.5b (3%).


Cross investment

The table below presents the unconsolidated, cross-invested and consolidated assets of managed funds by type of fund as at 31 December 2009.

Unconsolidated assets
Cross- invested assets
Consolidated assets
Type of fund
$m
$m
$m

Life insurance offices
230 724
48 679
182 045
Superannuation funds
1 019 656
173 493
846 163
Public unit trusts
296 527
37 142
259 385
Friendly societies
6 863
3 286
3 577
Common funds
7 888
1 037
6 851
Cash management trusts
37 484
-
37 484
Total
1 599 142
263 637
1 335 505

- nil or rounded to zero (including null cells)



UNCONSOLIDATED ASSETS

Life insurance offices

At 31 December 2009, total unconsolidated assets of life offices was $230.7b, an increase of $3.2b (1%) on the September quarter 2009 figure of $227.6b. The major increases were in equities and units in trust, $1.1b (1%) and long term securities, $1.5b (6%). Partially offsetting these were decreases in short term securities, $0.9b (13%) and other financial assets, $0.8b (16%).

Graph: Unconsolidated assets, Life insurance offices


Superannuation funds

Total unconsolidated assets of superannuation funds held outside life offices was $1,019.7b at 31 December 2009, an increase of $35.7b (4%) on the September quarter 2009 figure of $983.9b. Major increases were recorded for equities and units in trusts, $21.3b (5%); and, assets overseas, $7.7b.

Graph: Unconsolidated assets, Superannuation funds


Public unit trusts

At 31 December 2009, total unconsolidated assets for public unit trusts was $296.5b, an increase of $9.8b (3%) on the September quarter 2009 figure of $286.7b. This was primarily driven by a strong increase in equities and units in trusts of $8.5b (10%). Other non-financial assets, overseas assets and short term securities also increased, $1.0b (9%), $1.0b (2%) and $0.8b (13%) respectively. These rises were offset by decreases in loans and placements, $1.1b (5%) and cash and deposits, $0.4b (4%).

Graph: Unconsolidated assets, Public unit trusts


Friendly societies

At 31 December 2009, total unconsolidated assets of friendly societies was $6.9b, up $0.1b (1%) on the September quarter 2009 figure of $6.8b. The main movements were in equities and units in trust, up $0.6b (19%) and short term securities, down $0.4b (28%).

Graph: Unconsolidated assets, Friendly societies


Common funds

At 31 December 2009, total unconsolidated assets of common funds was $7.9b, down $0.1b (1%) on the September quarter 2009 figure of $8.0b. The main movement was a decrease in cash and deposits of $0.1b (3%).

Graph: Common funds


Cash management trusts

At 31 December 2009, total unconsolidated assets of cash management trusts was $37.5b, down $4.7b (11%) on the September quarter 2009 figure of $42.2b. The major decreases were in short term securities, $2.2b (7%) and cash and deposits, $1.5b (27%).


INVESTMENT MANAGERS

Source of funds under management

During the December quarter 2009 total funds under management was $1,138.3b, an increase of $21.9b (2%) on the September quarter 2009 figure of $1,116.5b.

The value of funds under management on behalf of superannuation funds increased $12.3b (3%); public unit trusts increased $2.0b (2%); and, life insurance offices increased $1.6b (1%). These were offset by a decrease in cash management trusts of $2.9b (9%).

At 31 December 2009, the value of funds under management on behalf of sources other than managed funds was $317.0b, an increase of $6.7b (2%) on the September quarter 2009 figure of $310.3b. The largest increases were in funds under management on behalf of other trusts, $5.8b (5%) and other sources, $5.0b (14%). These were offset by a decrease in funds sourced from government of $5.0b (5%).

The value of funds under management on behalf of overseas sources at 31 December 2009 was $53.5b, an increase of $2.3b (4%) on the September quarter 2009 figure of $51.2b.

Graph: Investment Managers, Source of funds under management


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.