Tons of funds

New FMA CEO Samantha Barrass is looking into unregulated wholesale funds. (Image: FMA)

Wed, 08 Jun 2022

New data from the US industry body, the Investment Company Institute, shows a global managed fund market in rude health.According to the ICI data, the amount of money mooching around in regulated funds around the world tipped above US$71 trillion in 2021, growing just over US$7t in the latest calendar year alone and more than doubling over a10-year period.Much of the growth last decade was down to generally compliant markets, but over the same period “worldwide demand for regulated funds as measured by net sales – total sales, minus...

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