Tuesday, 7 February, 2012 4:50 PM AEST


log in / free register · change details · about · contact · subscribe · newsletter · advertise · mobile recent searches: smsf strategies, aqr, snowball avanteos, aria property, soars,
 

Global fixed interest gains ground: Morningstar

Market share eases for property

By Christine St Anne
Thu 15 Jul 2010

Global fixed interest, Australian equities and listed infrastructure were the big winners in terms of market share in the March quarter, according to Morningstar.


International fixed interest gained significant market share over the March quarter, according to a Morningstar report.

The asset class increased by 6.9 per cent or $4.1 billion, leaving the asset class with 6.5 per cent market share, the report said.

International fixed interest assets now total $63.5 billion in the Australian market.

The report also found Australian fixed interest posted positive numbers for the March quarter, up 0.3 per cent to $143.4 billion, representing 14.7 per cent of the total market.

Positive gains were also made in Australian equities and listed infrastructure, it found.

Australian equities garnered the biggest dollar gain with an increase of $4.1 billion or 1.4 per cent, maintaining top spot with 29.9 per cent of assets, it said.

Listed infrastructure grew significantly over the quarter, increasing by 16.7 per cent, lifting its market share from 0.2 per cent to 0.4 per cent.

Property, however, posted poor numbers for the March quarter, dropping 10.9 per cent to $29.8 billion.

The asset class now has 3.1 per cent market share, down from 3.4 per cent in the December quarter.

Go to today's InvestorWeekly news

More stories by this author


 

Latest videos

VIDEO: Bowen's full FSC presentation

Exclusive conference video of the presentation by Chris Bowen, Minister for Financial Services, to the FSC annual conference in Melbourne.... Watch»

VIDEO: Hockey's full FSC presentation

Exclusive video of the Shadow Treasurer Joe Hockey's full presentation at the Financial Services Council annual conference... Watch»

VIDEO: Hockey promises stability, but few details

Shadow Treasurer addresses the Financial Services Council... Watch»

Christine St Anne

The big picture show

Remember the good old days when government policy went beyond Sydney trains and boat people. ... read more »

Home delivered!

Daily news, weekday mornings

Get the day's news delivered direct to your inbox. Register here (it's free!) and choose 'yes' to receive the InvestorDaily newsletter.

Money on the move

Wilson HTM appoints Penson Australia »
Wilson HTM has outsourced its clearing services to Penson Australia.

Vision Super signs software deal with Sapiens »
Vision Super has signed a software contract with Sapiens.

Kate Kachor

Rumour mill in overdrive

There are conflicting reports beginning to surface regarding the fall of dealer group Wright Global Investments (WGI).... read more »

 

 
© Copyright 2009 Morningstar Australasia Pty Limited · legal · privacy policy · linking to us · community · powered by RedDot