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Investment

Australian Ethical snaps up asset manager

Australian Ethical has struck a deal to acquire Altius Asset Management, the sustainable fixed income business of Australian Unity, a move that will see its funds under management (FUM) swell by $2 billion.

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Read more: Australian Ethical,  Investment,  Australian Unity,  Fixed income,  Altius Asset Management,  Ludovic Theau,  ASX,  Chris Dickman,  Bill Bovingdon,  Gavin Goodhand,  Joe Fernandes,  John McMurdo,  Sustainability,  Funds management