$154.0bn
$XX.Xbn
42,621
60,285
$X.Xbn
Financial asset investors have benefited from a generally strong domestic sharemarket performance and robust profit margins over the past five years. Typically, industry funds are invested in equities, and industry revenue depends on various sharemarket performances. The COVID-19 pandemic and ensuing inflationary pressures significantly disrupted both local and global equity markets, which limited industry performance. Yet, total assets have continued to accumulate over recent years compounding returns for investors, assisted by previously low interest rates. Overall, industry revenue is expected to rise at an annualised 5.7% over the five years through 2023-24, to $154.0 billion.
Industry revenue has grown at a CAGR of 5.7 % over the past five years, to reach an estimated $154.0bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Washington H Soul Pattinson and Company | 4,719.7 | |
Australian Foundation Investment Company | 4,423.8 | |
Argo Investments | 3,436.0 |
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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.
Wider interest in the stock market has driven people to listed unit trusts
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.
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ANZSIC 6240 - Financial Asset Investing in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Total industry assets have continued to accumulate despite economic headwinds. Previously low interest rates and an appetite for investment boosted interest in investment veh...
Learn about an industry's products and services, markets and trends in international trade.
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...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
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...
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.
The majority of financial asset investors earn less than $200,000 annually. Many small-scale investors use financial assets to diversify their portfolios.
Learn about the performance of the top companies in the industry.
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...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The industry receives little in the way of direct private assistance. More generally, organisations exist to benefit the wider finance industry.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
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...
Including values and annual change:
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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:
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:
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.
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.
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The market size of the Financial Asset Investing industry in Australia is $154.0bn 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.
The market size of the Financial Asset Investing industry in Australia has been growing at a CAGR of 5.7 % between 2019 and 2024.
Over the next five years, the Financial Asset Investing industry in Australia is expected to grow.
The biggest companies operating in the Financial Asset Investing market in Australia are Washington H Soul Pattinson and Company, Australian Foundation Investment Company and Argo Investments
Cash management trusts and Common fund trusts are part of the Financial Asset Investing industry.
The company holding the most market share in Australia is Washington H Soul Pattinson and Company.
The level of competition is high and increasing in the Financial Asset Investing industry in Australia.