tiprankstipranks
Advertisement
Advertisement

Associate Global Partners Director Increases Holding in Company-Managed ETF

Story Highlights
  • Associate Global Partners director Jason Billings expanded his indirect stake via a superannuation entity.
  • He acquired 5,000 units in the Muzinich BDC Income Fund Active ETF, reinforcing alignment with company products.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Associate Global Partners Director Increases Holding in Company-Managed ETF

Claim 55% Off TipRanks

An update from Contango Asset Management Ltd. ( (AU:APL) ) is now available.

Associate Global Partners Limited has reported a change in director Jason Craig Billings’ indirect interests, reflecting an additional investment in one of the firm’s managed exchange-traded funds. Billings holds these interests via Jasbaat Super Pty Ltd, where he is a director and shareholder, underscoring continued engagement with the company’s investment products.

The filing discloses that Billings acquired 5,000 units in the Muzinich BDC Income Fund – Active ETF through an on-market trade at $19.96 per unit. Following the transaction, he now indirectly holds over one million fully paid ordinary shares in the company, along with units in two of its active ETFs, signaling sustained alignment with the firm’s product suite and performance.

More about Contango Asset Management Ltd.

Associate Global Partners Limited, formerly known as Contango Asset Management Ltd., operates in the asset management industry, offering investment products such as actively managed exchange-traded funds. The company focuses on providing access to global growth and income strategies through listed fund vehicles for investors on the Australian market.

Average Trading Volume: 19,095

Technical Sentiment Signal: Buy

Current Market Cap: A$17.26M

See more data about APL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1