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Associate Global Partners Director Increases Holding in WCMQ ETF via Dividend Reinvestment

Story Highlights
  • Associate Global Partners reported a change in director Jason Billings’ indirect interests.
  • Billings’ super fund received additional WCMQ ETF units via the dividend reinvestment plan, modestly increasing his exposure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Associate Global Partners Director Increases Holding in WCMQ ETF via Dividend Reinvestment

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The latest announcement is out from Contango Asset Management Ltd. ( (AU:APL) ).

Associate Global Partners has disclosed a change in director Jason Craig Billings’ indirect interests, following the issue of additional units in the WCM Quality Global Growth Fund – Active ETF to his superannuation entity under the fund’s dividend reinvestment plan. Through Jasbaat Super Pty Ltd as trustee for his superannuation account, Billings’ holding in the ETF increased by 229 units across October 2025 and January 2026, taking his total ETF units to 10,100 while his 1,006,432 fully paid ordinary shares in the company remain unchanged, signalling a modest reinvestment-driven uplift in his exposure to the firm’s managed products rather than a strategic shareholding move.

The most recent analyst rating on (AU:APL) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Contango Asset Management Ltd. stock, see the AU:APL Stock Forecast page.

More about Contango Asset Management Ltd.

Associate Global Partners Limited, listed on the ASX, operates in the asset management industry and offers investment products including the WCM Quality Global Growth Fund – Active ETF, providing investors with exposure to global growth equities via listed fund units.

Average Trading Volume: 49,270

Technical Sentiment Signal: Hold

Current Market Cap: A$11.51M

For detailed information about APL stock, go to TipRanks’ Stock Analysis page.

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