Large institutional marketplace
Approximately $A970 billion was in regulated, institutional Superannuation Funds as at June 2013.
. . . and continuing to grow strongly
Australian institutional funds management is expected to growth to around $A7.6 trillion by the year 2033. Contributions to Superannuation over the past 12 months was around $A115 billion.
Australian Institutional Investment Industry
Australia’s institutional funds market centres around compulsory Superannuation in Australia.
Introduced in 1992, compulsory annual Superannuation payments are currently 9.5% of wages and salaries.