5655.0 - Managed Funds, Australia, Mar 2016
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 26/05/2016
Page tools:
 Print Page
 Print All
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
ANALYSIS MANAGED FUNDS INSTITUTIONS Consolidated assets of managed funds institutions At 31 March 2016, the consolidated assets of managed funds institutions were $2,069.3b, a decrease of $16.9b (1%) on the December quarter 2015 figure of $2,086.2b. Consolidated assets by types of asset The asset types that decreased were overseas assets, $10.8b (3%); units in trusts, $5.9b (3%); shares, $5.9b (1%); deposits, $1.0b (0%) and loans and placements, $0.3b (1%). These were partially offset by increases in short term securities, $2.2b (2%); other financial assets, $2.1b (7%); bonds, etc., $1.1b (1%); land, buildings and equipment, $1.1b (0%); other non-financial assets, $0.3b (3%) and derivatives, $0.2b (5%). UNCONSOLIDATED ASSETS Life insurance corporations At 31 March 2016, total unconsolidated assets of life insurance corporations were $291.6b, a decrease of $6.1b (2%) on the December quarter 2015 figure of $297.7b. Decreases were recorded in units in trusts, $5.8b (3%); shares, $0.8b (4%) and assets overseas, $0.7b (8%). These were partially offset by increases in bonds, etc., $0.6b (2%); other non-financial assets, $0.1b (5%); derivatives, $0.1b (18%); other financial assets, $0.1b (2%); loans and placements, $0.1b (2%) and short term securities, $0.1b (1%). Deposits and land, buildings and equipment were flat. Cross investment within life insurance corporations was $0.8b which was flat compared to the December quarter 2015. Net policy liabilities were $249.0b, a decrease of $6.2b (2%) compared to the December quarter 2015. Superannuation (pension) funds At 31 March 2016, total unconsolidated assets of superannuation funds were $1,941.8b, a decrease of $15.6b (1%) on the December quarter 2015 figure of $1,957.5b. Decreases were recorded in assets overseas, $9.6b (3%); net equity of pension funds in life office reserves, $4.4b (2%); shares, $3.9b (1%); units in trusts, $2.1b (1%) and deposits, $1.7b (1%). These were partially offset by increases in short term securities, $2.1b (3%); other financial assets, $1.7b (9%); land, buildings and equipment, $1.5b (1%); derivatives, $0.6b (11%) and bonds, etc., $0.2b (0%). Other non-financial assets and loans and placements were flat. Public offer (retail) unit trusts At 31 March 2016, total unconsolidated assets of public offer (retail) unit trusts were $317.2b, a decrease of $2.1b (1%) on the December quarter 2015 figure of $319.3b. Decreases were recorded in shares, $1.1b (3%); assets overseas, $0.5b (1%); short term securities, $0.4b (12%); land, buildings and equipment, $0.4b (0%); loans and placements, $0.3b (1%); units in trusts, $0.3b (0%) and other financial assets, $0.2b (6%). These were partially offset by increases in deposits, $0.9b (12%) and bonds, etc., $0.1b (1%). Derivatives and other non-financial assets were flat. Cross investment within public offer (retail) unit trusts was $31.3b, a decrease of $0.3b (1%) compared to the December quarter 2015. Friendly societies At 31 March 2016, total unconsolidated assets of friendly societies were $6.6b, a decrease of $0.1b (2%) on the December quarter 2015 figure of $6.7b. Common funds At 31 March 2016, total unconsolidated assets of common funds were $9.2b which was flat on the December quarter 2015 figure of $9.2b. Cash management trusts At 31 March 2016, total unconsolidated assets of cash management trusts were $34.6b, an increase of $0.2b (0%) on the December quarter 2015 figure of $34.4b. Increases were recorded in short term securities, $0.4b (2%) and bonds, etc., $0.1b (10%). These were partially offset by decreases in deposits, $0.2b (3%) and equities, $0.2b (25%). Other financial assets, derivatives, loans and placements and non-financial assets were flat. Cross investment within cash management trusts was $0.5b, a decrease of $0.2b (25%) compared to the December quarter 2015. RESIDENT INVESTMENT MANAGERS Source of funds under management At 31 March 2016, total funds under management were $1,758.0b, a decrease of $12.3b (1%) on the December quarter 2015 figure of $1,770.3b. Funds under management on behalf of superannuation funds decreased $6.6b (1%), public offer (retail) unit trusts decreased $0.6b (0%) and cash management trusts decreased $0.1b (1%). Life insurance corporations were flat. At 31 March 2016, the value of funds under management on behalf of sources other than managed funds was $484.3b, a decrease of $3.4b (1%) on the December quarter 2015 figure of $487.7b. Decreases were recorded in funds under management on behalf of state and local government, $2.7b (5%); other sources, $1.4b (3%); general insurance, $1.1b (2%); wholesale financial trusts, $0.2b (0%) and other investment managers, $0.1b (1%). These were partially offset by increases in funds under management on behalf of national government, $1.3b (2%); non-government trading corporations, $0.7b (2%) and government compensation schemes, $0.1b (0%). Charities were flat. The value of funds under management on behalf of overseas sources at 31 March 2016 was $89.9b, a decrease of $1.6b (2%) on the December quarter 2015 figure of $91.5b.
Document Selection These documents will be presented in a new window.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||
