Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 5.7 % over the past five years, to reach an estimated $154.0bn in 2024.
Trends and Insights
Total assets are a useful measure of financial asset investment performance
- The value of industry assets and the returns generated on those assets largely drive revenue for the industry, and industry performance has benefited from the expansion in total assets over the past five years.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The industry being volatile is a near-certainty and that is likely to continue
- Financial asset investment's annualised growth rate disguises the risk of large year-on-year increases and declines.
Biggest companies in the Financial Asset Investing in Australia
| Company | Market Share (%)
2024 | Revenue ($m)
2024 |
|---|---|---|
Soul Patts | 4,719.7 | |
Australian Foundation Investment Company | 4,423.8 | |
Argo Investments | 3,436.0 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Cash management trusts, Common fund trusts and Friendly societies. Cash management trusts is the largest segment of the Financial Asset Investing in Australia.
Trends and Insights
Wider interest in the stock market has driven people to listed unit trusts
- Listed unit trusts are public unit trusts with units listed on the stock exchange, whereby investors can freely trade the units on a secondary market like the ASX.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The Financial Asset Investing industry consists of trusts (except trusts of separately constituted superannuation funds) that primarily invest money on their own account in predominantly financial assets, including mortgages. The industry also includes investment-type unit trusts that hold financial assets. The funds of unlisted and listed property unit trusts are excluded from the industry.
What's included in this industry?
Cash management trustsCommon fund trustsFriendly societiesListed unit trustsUnlisted unit trustsCompanies
Soul PattsAustralian Foundation Investment CompanyArgo InvestmentsPurchase this report to view all 3 major companies in this industry.
Related Terms
MANAGEMENT EXPENSE RATIOMSCI WORLD INDEXCLOSED-ENDINVESTMENT VEHICLEIndustry Code
ANZSIC 6240 - Financial Asset Investing in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Total industry assets have continued to accumulate despite economic headwinds. Previously low interest rates and an appetite for investment boosted interest in investment veh...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
The most common products offered in the industry are unit trusts, whereby the general public can invest in the trust by purchasing units. The trust then manages the funds and...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
New South Wales and Victoria account for the highest amounts of financial asset investing activity. The volume and variety in potential clients are big motivators for financi...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
The majority of financial asset investors earn less than $200,000 annually. Many small-scale investors use financial assets to diversify their portfolios.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Larger financial asset investors are typically trusts or companies with many unit holders or shareholders that pool funds together for investment purposes. These entities are...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Soul Patts's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Australian Foundation Investment Company's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Argo Investments's performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for Soul Patts, and factors influencing its performance in the industry
- Description and key data for Australian Foundation Investment Company, and factors influencing its performance in the industry
- Description and key data for Argo Investments, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The industry receives little in the way of direct private assistance. More generally, organisations exist to benefit the wider finance industry.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Investor cost structures can vary depending on the scale of operations and the value of assets that are held with the company or investment vehicle. For larger investors, mos...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Financial Asset Investing industry in Australia in 2024?
The market size of the Financial Asset Investing industry in Australia is $154.0bn in 2024.
How many businesses are there in the Financial Asset Investing in Australia industry in 2024?
There are 60,285 businesses in the Financial Asset Investing industry in Australia, which has grown at a CAGR of 5.4 % between 2019 and 2024.
Has the Financial Asset Investing industry in Australia grown or declined over the past 5 years?
The market size of the Financial Asset Investing industry in Australia has been growing at a CAGR of 5.7 % between 2019 and 2024.
What is the forecast growth of the Financial Asset Investing industry in Australia over the next 5 years?
Over the next five years, the Financial Asset Investing industry in Australia is expected to grow.
What are the biggest companies in the Financial Asset Investing market in Australia?
The biggest companies operating in the Financial Asset Investing market in Australia are Soul Patts, Australian Foundation Investment Company and Argo Investments
What does the Financial Asset Investing in Australia include?
Cash management trusts and Common fund trusts are part of the Financial Asset Investing industry.
Which companies have the highest market share in the Financial Asset Investing in Australia?
The company holding the most market share in Australia is Soul Patts.
How competitive is the Financial Asset Investing industry in Australia?
The level of competition is high and increasing in the Financial Asset Investing industry in Australia.
Related Industries
Widen your competitive advantage with related industries
Competitors
- Superannuation Funds in Australia
- Investment Banking and Securities Brokerage in Australia
Complementors
- Custody, Trustee and Stock Exchange Services in Australia
- Mortgage Brokers in Australia
- Funds Management Services in Australia
- Financial Planning and Investment Advice in Australia
International industries
- Venture Capital & Principal Trading in the US
- Real Estate Investment Trusts in the US
- Private Equity, Hedge Funds & Investment Vehicles in the US
- Hedge Funds in the US
- Real Estate Investment Trusts in Canada
View all industries in Australia
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
