In excess of 130 firms offering over 500 strategies. Institutional investors are hiring their own internal investment teams and allocations to Australian equities are declining.

The consensus view is that the supply demand imbalance is so great that fees will continue to decline and the number of active Australian equities providers reduce sharply. Our research goes far beyond these headline factors to fully quantify the addressable market for all Australian equity products (large cap, small cap, long short…etc.) across each market segment (institutional,intermediary and self- directed retail).

In a similar manner we quantify the supply side of the equation. Our conclusions are a challenge to the consensus view and provide clear direction for existing and potential sector participants.