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Australian Ethical Investment Ltd ( (AU:AEF) ) has issued an update.
Australian Ethical Investment Ltd has announced a change in reporting for its funds under management (FUM), particularly highlighting the movements in capital management funds used by institutional clients. This change aims to provide clearer and more transparent reporting of FUM drivers, although it has a minimal revenue impact due to the low margin on these funds.
The most recent analyst rating on (AU:AEF) stock is a Hold with a A$8.00 price target. To see the full list of analyst forecasts on Australian Ethical Investment Ltd stock, see the AU:AEF Stock Forecast page.
More about Australian Ethical Investment Ltd
Australian Ethical Investment Ltd operates in the financial industry, focusing on ethical investment solutions. The company offers a range of investment products, including fixed income funds, with a commitment to ethical and sustainable practices.
Average Trading Volume: 206,869
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$852.9M
For an in-depth examination of AEF stock, go to TipRanks’ Overview page.