@andy777
Thanks for your references.
The 880bn$ figure quoted by the AFR (as total size of the Australian platform market) does seem to be consistent with the figures published in the IOOF presentation I quoted above.
If you look (again) at slide 12 in that presentation, you can see that the sum of FUAd for the top 11 players amounted to 803bn$ as of October 2017 (my understanding is that those figures included BT’s FUAd as well, grouped under the Westpac umbrella).
But then BT’s 10.76bn$ FUAd (as released within yesterday’s WBC announcement) represents a mere 1.2% of the total; therefore, their market share for platforms appears to be a lot closer to 1% than to 10%, which makes them hardly relevant when it comes to industry pricing dynamics. Wouldn't you think?
Fuma action, page-14
Add IFL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.14 |
Change
0.010(0.32%) |
Mkt cap ! $1.703B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.18 | $3.10 | $4.755M | 1.511M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16014 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 27892 | 7 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| IFL (ASX) Chart |
