AUSTRALIA - The wholesale fund market fell 2.5% over July, the third consecutive month of falls, with total funds under management (FuM) standing at AUS$287bn (US$247bn), according to figures released by DEXX&R.
On a sector-by-sector basis, multi-sector funds performed the best with a 12 month return of 2.3%, rising from $46.2bn to $47.9bn, although the funds lost 1.3% over July. Property funds fared p...
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