Latest Amp Ltd Unsp ADR (AMLTY) Headlines Sup
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Posted On: 03/08/2014 7:52:50 PM
Latest Amp Ltd Unsp ADR (AMLTY) Headlines
Superannuation Funds Management in Australia Industry Market Research Report Now Updated by IBISWorld
PRWeb - Sun Dec 23, 1:00PM CST
The prominence of superannuation (super) in Australia means superannuation funds management is big business. Australia's funds management market is the fourth-largest in the world. According to IBISWorld industry analyst Ee Jen Lee, "much of this is due to the nation's $1.4 trillion superannuation system, which ensures a steady flow of retirement savings into the market". Investment managers have benefited from this flow. As at September 2012, an estimated 44.3% of the $1.27 trillion in funds under investment managers were in the form of superannuation savings. The major companies in the industry - AMP Limited, Commonwealth Bank of Australia, National Australia Bank Limited, and Australia and New Zealand Banking Group Limited - account for a significant share of the Superannuation Funds Management industry.
Superannuation Funds Management in Australia Industry Market Research Report Now Updated by IBISWorld
PRWeb - Sun Dec 23, 1:00PM CST
The prominence of superannuation (super) in Australia means superannuation funds management is big business. Australia's funds management market is the fourth-largest in the world. According to IBISWorld industry analyst Ee Jen Lee, "much of this is due to the nation's $1.4 trillion superannuation system, which ensures a steady flow of retirement savings into the market". Investment managers have benefited from this flow. As at September 2012, an estimated 44.3% of the $1.27 trillion in funds under investment managers were in the form of superannuation savings. The major companies in the industry - AMP Limited, Commonwealth Bank of Australia, National Australia Bank Limited, and Australia and New Zealand Banking Group Limited - account for a significant share of the Superannuation Funds Management industry.
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