The changing landscape of the unit trust industry
The landscape of the retail unit trust industry has changed quite markedly since its humble beginnings in the 1960’s. The expansion of the industry has been quite robust, from offering two funds in 1965, to 107 funds in 1996, and more recently investors have approximately 1000 unit trust funds to select from. Along with the increased number of funds and management companies, has arisen a plethora of investment strategies to suit varying investor needs and risk profiles. As the landscape has evolved, investors have continually taken note of the new industry offerings and role players by migrating to various investment funds and strategies over time. At the end of the day it seems that investors have voted with their feet. Let’s have a glance at the industry to see where their footsteps have led.