Analysts flag concerns over ‘team culture and morale’ as AMP Capital sees Q3 outflows from sustainable fund range hit $51m

The firm was included in the PRI’s prestigious Leader’s Group last year for “responsible investment excellence”

Investors pulled some A$69m ($51m) from ESG funds managed by AMP Capital last quarter, according to figures from Morningstar - marking the fifth consecutive quarter of net outflows for the troubled Sydney-based asset manager’s sustainable funds range. 

Morningstar’s Global Head of…

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