AFR
'ESG funds are shrinking as managers, investors move on
For the first time, money managers in the United States closed more ESG funds than they opened. In Australia, flows are also slowing right down.
As I posted a couple of years ago 'ethical funds' are just a fad, the latest en vogue investment & nothing special compared to other fund managers who have a theme.
Paying a high premium for AEF was a mistake, it should only be assessed on it's funds performances & it's ability to grow FUM.
Ann: AEF Quarterly FUM Announcement, page-9
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Last
$4.15 |
Change
0.110(2.72%) |
Mkt cap ! $468.0M | |||
| Open | High | Low | Value | Volume |
| $4.02 | $4.18 | $4.01 | $212.9K | 51.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 244 | $4.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.17 | 2600 | 1 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| AEF (ASX) Chart |