The dramatic growth of self-managed funds has already transformed the Australian capital market. But that’s just the start. What’s about to happen is nothing short of staggering. New research shows that number Australians savings via self-managed funds is set to double in three years as younger people in middle income Australia leave the big groups to set up their own fund.
Australian listed companies and governments looking to develop infrastructure have not yet woken up to this change to the source of equity capital in Australia.