Given the superannuation guarantee scheme, Australia remains one of the largest investible asset pools in the world, and the largest in the Asia Pacific region. As such the Funds Management recruitment market has remained relatively stable throughout 2013, seeing our clients gradually rebuilding teams within the Funds Management area in Australia along with the strengthening of equity markets. Our fund manager and superfund clients have more of a long-sighted vision for growth than our Investment Banking clients, and they feel this is a good time to start to build their teams as their FUM’s are increasing in size and the equity markets are strengthening.