The Australian custodial and administration sector continued its steady growth trajectory in the second half of 2014, with total assets under custody exceeding $2.5 trillion, according to the latest industry statistics released by the Australian Custodial Services Association (ACSA).
In the six months to 31st December 2014, total assets under custody for Australian investors grew 5.0 per cent to $2.58 trillion. Of this amount, $1.79 trillion is Australian assets, with the remainder of $791 billion in foreign assets.
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