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.
