Australian Ethical Investment (ASX:AEF) is a specialist ethical funds manager whose results have been well received by fund managers. In February 2026, Perennial Partners reported the shares rose more than 13% after Australian Ethical delivered a better-than-expected result, making it a positive contributor to its portfolio for the month. Australian Ethical operates in the Financials sector within the Capital Markets industry, and Thesis Tracker has captured 4 comments from 3 fund managers, including Perennial Partners. Founded in 1986 and headquartered in Sydney, Australian Ethical Investment manages superannuation and managed fund portfolios guided by its ethical charter, investing across sectors such as clean energy, healthcare and technology while avoiding industries it considers harmful, including fossil fuels, gambling and tobacco. The company has grown funds under management through strong member inflows into its superannuation fund, benefiting from rising investor demand for sustainable and responsible investment products in Australia.