5655.0 - Managed Funds, Australia, Mar 2013
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 30/05/2013
Page tools:
 Print Page
 Print All
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
ANALYSIS MANAGED FUNDS INSTITUTIONS Consolidated assets of managed funds institutions At 31 March 2013, the consolidated assets of managed funds institutions were $1,662.8b, an increase of $60.9b (4%) on the December quarter 2012 figure of $1,602.0b. Consolidated assets by types of asset The asset types that increased were shares, $32.5b (7%); overseas assets, $14.3b (5%); units in trusts, $5.1b (3%); short term securities, $4.8b (5%); land, buildings and equipment, $2.3b (1%); deposits, $2.1b (1%); other financial assets, $0.6b (2%); bonds, etc., $0.5b (1%); and derivatives, $0.2b (19%). These were partially offset by decreases in other non-financial assets, $0.9b (4%); and loans and placements, $0.6b (2%). The following chart shows the levels of the asset types of managed funds institutions at 31 March 2013. UNCONSOLIDATED ASSETS Life insurance corporations At 31 March 2013, total unconsolidated assets of life insurance corporations were $252.1b, an increase of $6.0b (2%) on the December quarter 2012 figure of $246.2b. Increases were recorded in units in trusts, $6.5b (4%); shares, $1.0b (5%); other financial assets, $0.5b (12%); assets overseas, $0.3b (2%); derivatives, $0.1b (41%); and loans and placements, $0.1b (6%). These were partially offset by decreases in deposits, $1.1b (9%); bonds, etc., $1.0b (5%); short term securities, $0.4b (7%). Land, buildings and equipment, and other non-financial assets were flat. Cross investment within life insurance corporations was $1.9b which was flat compared to the December quarter 2012. Net policy liabilities was $215.4b, an increase of $5.6b (3%) on the previous quarter. Superannuation (pension) funds At 31 March 2013, total unconsolidated assets of superannuation funds were $1,525.7b, an increase of $69.3b (5%) on the December quarter 2012 figure of $1,456.4b. Increases were recorded in shares, $30.0b (7%); assets overseas, $14.0b (6%); units in trusts, $7.4b (4%); short term securities, $6.6b (10%); net equity of pension funds in life office reserves, $5.5b (3%); deposits, $2.5b (1%); land, buildings and equipment, $1.8b (2%); bonds, etc., $1.7b (3%); and derivatives, $0.2b (3%). These were partially offset by decreases in other financial assets, $0.4b (2%). Other non-financial assets, and loans and placements were flat. Public offer (retail) unit trusts At 31 March 2013, total unconsolidated assets of public offer (retail) unit trusts were $268.2b, an increase of $3.0b (1%) on the December quarter 2012 figure of $265.2b. Increases were recorded in units in trusts, $2.8b (5%); shares, $1.3b (4%); land, buildings and equipment, $0.5b (1%); and derivatives, $0.1b (10%). These were partially offset by decreases in loans and placements, $0.7b (4%); other financial assets, $0.6b (7%); short term securities, $0.3b (11%); deposits, $0.1b (3%); and assets overseas, $0.1b (0%). Other non-financial assets, and bonds, etc. were flat. Cross investment within public offer (retail) unit trusts was $29.8b, an increase of $1.6b (6%) compared to the December quarter 2012. Friendly societies At 31 March 2013, total unconsolidated assets of friendly societies were $6.0b which was flat on the December quarter 2012 figure of $5.9b. Common funds At 31 March 2013, total unconsolidated assets of common funds were $7.6b, a decrease of $0.2b (3%) on the December quarter 2012 figure of $7.8b. Cash management trusts At 31 March 2013, total unconsolidated assets of cash management trusts were $28.0b, a decrease of $0.4b (2%) on the December quarter 2012 figure of $28.4b. Decreases were recorded in short term securities, $1.1b (7%); equities, $0.2b (12%); and bonds, etc., $0.2b (13%). These were partially offset by increase in deposits, $1.0b (11%). Derivatives, loans and placements, non-financial assets, and other financial assets were flat. Cross investment within cash management trusts was $1.4b, a decrease of $0.2b (12%) compared to the December quarter 2012. RESIDENT INVESTMENT MANAGERS Source of funds under management At 31 March 2013, total funds under management were $1,365.0b, an increase of $46.5b (4%) on the December quarter 2012 figure of $1,318.5b. Funds under management on behalf of superannuation funds increased $34.2b (6%), public offer (retail) unit trusts increased $2.6b (2%), life insurance corporations increased $0.4b (0%), and cash management trusts increased $0.3b (2%). Common funds and friendly societies were flat. At 31 March 2013, the value of funds under management on behalf of sources other than managed funds was $365.3b, an increase of $11.4b (3%) on the December quarter 2012 figure of $353.9b. Increases were recorded in funds under management of behalf of wholesale financial trusts, $8.4b (6%); non-government trading corporations, $1.6b (7%); general insurance, $1.0b (3%); state and local government, $0.9b (2%); other sources, $0.7b (3%); and other investment managers, $0.5b (6%). These were partially offset by decreases in national government, $1.9b (3%). Government compensation schemes and charities were flat. The value of funds under management on behalf of overseas sources at 31 March 2013 was $75.1b, a decrease of $2.3b (3%) on the December quarter 2012 figure of $77.3b.
Document Selection These documents will be presented in a new window.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
