5655.0 - Managed Funds, Australia, Dec 2015  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 26/02/2016   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

DECEMBER KEY FIGURES

Sep Qtr 2015
Dec Qtr 2015
$m
$m

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
525 318
538 183
Unconsolidated assets total managed funds institutions
2 562 633
2 626 180
Life insurance corporations
292 539
297 927
Superannuation (pension) funds
1 908 805
1 958 988
Public offer (retail) unit trusts
311 491
319 353
All other managed funds institutions
49 797
49 912


Managed Funds
Graph: Managed Funds

Unconsolidated Assets, by type of institution
Graph: Unconsolidated Assets, by type of institution




DECEMBER KEY POINTS


TOTAL MANAGED FUNDS INDUSTRY
  • 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$.


CONSOLIDATED ASSETS OF MANAGED FUNDS INSTITUTIONS
  • 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%).


CROSS INVESTED ASSETS
  • At 31 December 2015, there were $538.2b of assets cross invested between managed funds institutions.


UNCONSOLIDATED ASSETS
  • 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.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
March 2016 26 May 2016
June 2016 25 August 2016
September 2016 24 November 2016
December 2016 23 February 2017



REVISIONS

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


SUPERANNUATION DATA

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.


PRIVACY

The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.