Asia Pacific Australia’s biggest source of investment fund flows

SYDNEY - The Asia Pacific region continues to be the biggest source of investment into Australian managed funds, according to a report released today by the Financial Services Council and The Trust Company. It shows that Asia accounts for 66% of all fund flows, followed by Europe (including the UK) at 24%. Collectively, Europe and Asia account for 90% of all fund flows into Australia.

Since January 1, 2010 , investment flows into Australia have increased by 78% from AUD20.3 billion to AUD6.2 billion − an average annual increase of 21.3%, compound. John Brogden, CEO of the FSC, says the report shows the massive potential export market for Australian financial services. www.fsc.org.au (ATI).