Treasury Group FUM jumps $1.6 billion
Treasury Group Limited has increased funds under management by $1.6 billion in three months.
Treasury Group Limited (TRG) has released its quarterly figures for funds under management to the Australian Stock Exchange. The figures reveal a 9 per cent increase in funds under management between 30 September 2013 and 31 December 2013.
Strong inflows from retail investors — at RARE and Investors Manual in particular — have led to continuing growth in this segment at TRG.
Closing funds under management figures for TRG's retail investors stood at $4.92 billion on 30 September 2013, jumping to $5.33 billion by 31 December 2013.
TRG has credited this increase in retail investments to positive investment performance and market movements.
"Net inflows were experienced from retail investors overall during the quarter, with both RARE and Investors Mutual continuing to see strong inflows from this segment," the group said in a statement.
"Net inflows were experienced from institutional investors overall, due in particular to inflows at Trilogy."
AUTHOR
Staff Writer
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