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AEF - Australian Ethical Investment News Story

A$6.68 0.1  0.8%

Last Trade - 26/02/21

Sector
Financials
Size
Mid Cap
Market Cap £421.7m
Enterprise Value £410.6m
Revenue £28.0m
Position in Universe 329th / 1832

BUZZ-Australian Ethical Investment jumps as managed funds rise 17%

Thu 14th January, 2021 2:10am
** Shares of Australian Ethical Investment  AEF.AX  jump as
much as 11.4% to A$6.150, their biggest intraday pct gain since
June 19, 2020 
    ** The wealth manager says its funds under management (FUM)
increased by 16.9% to A$5.05 bln ($3.91 bln) for the qtr ended
Dec. 31, from A$4.32 bln as at Sept 30  urn:newsml:reuters.com:*:nFWN2JO19H
    ** Stock hits highest level since July 31, 2020 and is set
for a fifth consecutive day of gains  
    ** ~310,685 shares change hands vs 30-day average vol of
266,920 shares 
    ** Up to Wednesday's close, stock up 9.7% this year
following a 31% jump in 2020 


($1 = 1.2905 Australian dollars)

 (Reporting by Shriya Ramakrishnan in Bengaluru)
 ((Shriya.Ramakrishnan@thomsonreuters.com;))
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