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Managed accounts market likely bigger than thought

The Australian managed accounts market is well on the way to achieving Morgan Stanley's $60 billion FUM by 2020 prediction, with data released by the Institute of Managed Accounts Professionals (IMAP) indicating the market has more than doubled since February 2015.

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Read more: FUMMDAAustraliaAustralianInstitute of Managed Accounts ProfessionalsMorgan StanleyDavid HeatherFebruary IMAPFinancial StandardManaged Accounts Survey