IMAP recenty surveyed the principal managed account providers to collate data on their service including FUM in Managed Accounts and today announced that the total held in Managed Account services now exceed $13bn.
"As part of the material for the Dealer Roundtable we held this week, IMAP asked the principal Managed Accounts providers to provide essential details about their service including the FUM held in managed account services.
“This is the first time that I am aware of where anyone has provided a robust total for Managed Account FUM" said Toby Potter, Chair of IMAP.
Click here for a copy of IMAPs press release or email jane.mcilroy@imap.asn.au to request a copy
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