Australian Ethical Boosts Funds with Altius Acquisition
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Australian Ethical Boosts Funds with Altius Acquisition

Australian Ethical Investment Ltd (AU:AEF) has released an update.

Australian Ethical Investment Ltd has reported a significant increase in its funds under management, reaching $12.95 billion as of September 2024. This growth is largely attributed to the acquisition of Altius, which contributed $1.93 billion to the total. The company’s superannuation and managed funds also saw positive net flows, indicating strong performance across its financial products.

For further insights into AU:AEF stock, check out TipRanks’ Stock Analysis page.

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