Financial Wire

Australian Ethical Investment Reports Higher Fiscal Q3 Funds Under Management

-- Australian Ethical Investment (ASX:AEF) reported AU$13.57 billion of funds under management (FUM) as of the close of its fiscal third quarter ended March 31, according to a Thursday filing with the Australian bourse.

The company previously reported FUM of AU$13.1 billion at the end of the year-ago quarter, an earlier filing showed.

Investments FUM for the period fell year over year to AU$3.91 billion from AU$4.17 billion, while superannuation FUM increased to AU$9.66 billion from AU$8.92 billion.

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