Some of the Industry Funds (Aust Super, Cbus and Host Plus) are all reporting big flows from the retail funds post the Royal Commission. Would be good if AEF were to comment on whether they are experiencing similar flows.
With regards to the Institutional flows these may take longer to move as there is a longer decision process. You really have to question how ethical something like the AMP Responsible Leaders Fund is when it still invests in AMP https://www.ampcapital.com/content/dam/capital/03-funds-files-only/aus-funds/responsible-investment-leaders/RIL-Australian-share-fund-stock-listing.pdf
This does seem like easy pickings to encourage those investors to switch over to a truly ethical fund manager.
Some of the Industry Funds (Aust Super, Cbus and Host Plus) are...
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$4.32 |
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