5655.0 - Managed Funds, Australia, Mar 2008  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 29/05/2008   
   Page tools: Print Print Page Print all pages in this productPrint All

MARCH KEY FIGURES

Mar Qtr 2007
Dec Qtr 2007
Mar Qtr 2008
CONSOLIDATED ASSETS
$m
$m
$m

Superannuation funds
716 616
801 847
752 153
Public unit trusts
270 638
287 424
272 118
Life insurance offices(a)
198 105
201 887
184 762
All other managed funds
55 296
61 266
61 856
Total
1 240 655
1 352 424
1 270 889

(a) Investments by superannuation funds which are held and administered by life insurance offices are included under life insurance offices.
Note: See note on consolidation in Explanatory Notes, paragraph 10.

Consolidated Assets, Type of institution
Graph: Consolidated assets, Type of institution

Consolidated Assets, Type of asset
Graph: Consolidated assets, Type of asset




MARCH KEY POINTS


CONSOLIDATED ASSETS
  • At 31 March 2008, total consolidated assets of managed funds institutions was $1,270.9b, a decrease of $81.5b (6%) on the revised December quarter 2007 figure of $1,352.4b.
  • Consolidated assets of superannuation funds decreased by $49.7b (6%); life insurance offices decreased by $17.1b (8%); and public unit trusts decreased by $15.3b (5%). Consolidated assets of cash management trusts increased by $0.7b (1%), while those of common funds and friendly societies remained virtually unchanged.
  • Investment in equities and units in trusts decreased by $58.6b (10%) and assets overseas decreased by $22.9b (8%). Cash and deposits increased by $2.3b (2%), as did land and buildings by $2.3b (2%). During the March quarter 2008, the S&P/ASX 200 fell 15.5%, the price of foreign shares (represented by the US S&P 500) fell 9.9% and the A$ appreciated against the US$ by 4.13%.
  • At 31 March 2008, investment managers had $1,179.4b in funds under management, down $84.2b (7%) on the revised December quarter 2007 figure of $1,263.6b. They managed $817.8b (64%) of the consolidated assets of managed funds institutions.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2008 28 August 2008
September 2008 27 November 2008
December 2008 26 February 2009
March 2009 28 May 2009



REVISIONS IN THIS ISSUE

There have been revisions in some series as a result of quality assurance work undertaken with data providers and the receipt of revised administrative data. Specifically, superannuation data has been revised back to December 2004; life insurance offices data back to December 2004; public unit trust data back to March 2002; cash management trust, common fund and friendly society data back to December 2007; and investment manager data back to December 2004.


ROUNDING

Discrepancies may occur between sums of the component items and totals due to rounding.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Judy Sykes on Canberra (02) 6252 5222.