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The latest announcement is out from Contango Asset Management Ltd. ( (AU:APL) ).
Associate Global Partners Limited has reported a change in the indirect interests of director Brett Peter Cairns in one of its listed funds. Cairns holds his interests through several Euclid Pty Limited-related entities, which act as vehicles for his shareholdings and beneficial interests.
The director acquired 131 additional units in the WCM Quality Global Growth Fund Active ETF via the fund’s dividend reinvestment plan. Following this transaction, his indirect holding in the ETF increased to 10,231 units, while his substantial ordinary shareholding in the company itself remained unchanged, indicating only a minor adjustment to his overall investment exposure.
More about Contango Asset Management Ltd.
Associate Global Partners Limited is an Australian asset management firm that offers listed funds and investment products to investors. Through its subsidiaries acting as responsible entities, it manages vehicles such as the WCM Quality Global Growth Fund Active ETF, targeting global growth opportunities for its clients.
Average Trading Volume: 19,095
Technical Sentiment Signal: Buy
Current Market Cap: A$17.26M
For an in-depth examination of APL stock, go to TipRanks’ Overview page.