DECEMBER KEY FIGURES
Sep Qtr 2015
Dec Qtr 2015
|Total managed funds industry |
2 594 053
2 649 199
|Consolidated assets total managed funds institutions |
2 037 314
2 087 996
|Cross invested assets between managed funds institutions |
|Unconsolidated assets total managed funds institutions |
2 562 633
2 626 180
|Life insurance corporations |
|Superannuation (pension) funds |
1 908 805
1 958 988
|Public offer (retail) unit trusts |
|All other managed funds institutions |
DECEMBER KEY POINTS
TOTAL MANAGED FUNDS INDUSTRY
by type of institution
CONSOLIDATED ASSETS OF MANAGED FUNDS INSTITUTIONS
- At 31 December 2015, the managed funds industry had $2,649.2b funds under management, an increase of $55.1b (2%) on the September quarter 2015 figure of $2,594.1b.
- The main valuation effects that occurred during the December quarter 2015 were as follows: the S&P/ASX 200 increased 5.5%; the price of foreign shares, as represented by the MSCI World Index excluding Australia, increased 5.0%; and the A$ appreciated 4.2% against the US$.
CROSS INVESTED ASSETS
- At 31 December 2015, the consolidated assets of managed funds institutions were $2,088.0b, an increase of $50.7b (2%) on the September quarter 2015 figure of $2,037.3b.
- The asset types that increased were shares, $31.2b (6%); short term securities, $5.7b (5%); units in trusts, $5.4b (2%); land, buildings and equipment, $5.2b (2%); deposits, $2.8b (1%); bonds, etc., $2.4b (2%); derivatives, $0.4b (16%); and other financial assets, $0.1b (0%). These were partially offset by decreases in overseas assets, $1.1b (0%); other non-financial assets, $0.8b (6%); and loans and placements, $0.7b (1%).
- At 31 December 2015, there were $538.2b of assets cross invested between managed funds institutions.
- At 31 December 2015, the unconsolidated assets of superannuation (pension) funds increased $50.2b (3%), public offer (retail) unit trusts increased $7.9b (3%), life insurance corporations increased $5.4b (2%), and common funds increased $0.2b (2%). Cash management trusts and friendly societies were flat.
|ISSUE (QUARTER) ||Release Date|
|March 2016 ||26 May 2016|
|June 2016 ||25 August 2016|
|September 2016 ||24 November 2016|
|December 2016 ||23 February 2017|
There have been revisions as a result of the receipt of revised administrative data, survey data and due to the inclusion of new survey respondents.
- Table 3 Life insurance corporations - revised back to the June quarter 2015.
- Table 4 Superannuation (pension) funds - revised back to the December quarter 2013.
- Table 5 Public offer (retail) unit trusts - revised back to the March quarter 2013.
- Table 6 Friendly Societies - No Revisions.
- Table 7 Common funds - revised back to the September quarter 2015.
- Table 8 Cash management trusts - revised back to the June quarter 2014.
- Table 9 Resident Investment Managers - revised back to the December quarter 2013
As the ABS has previously advised, the Australian Prudential Regulation Authority (APRA) introduced an enhanced set of reporting forms for Registrable Superannuation Entities (RSEs) from September quarter 2013. A number of data items provided from the new APRA collections significantly deviate from the previous ones, both in concept and definition. Where the impact on an affected series could not be estimated, the ABS has been moving forward the affected series using cautiously chosen indicators derived from other ABS collections that have a very strong historical correlation to these series. This methodology will continue to be applied until additional superannuation data collection requirements can be implemented by APRA which satisfy the conceptual and definitional requirements of the ABS. Users are advised to continue exercising caution when using superannuation data in this publication.
outlines how the ABS will handle any personal information that you provide to the ABS.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.