High growth forecasted for Australia's funds industry

Double-digit growth rates for the country''s managed funds industry are expected to attract more foreign fund managers.
January 29, 2001

Funds under management in Australia is expected to reach A$2.3 billion ($1.25 billion) by 2015 largely as a result of the continuous growth in contributions to the country's superannuation funds industry, according to a new government report.

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