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Contango Asset Management Ltd. ( (AU:APL) ) has shared an announcement.
Associate Global Partners Limited, a company involved in asset management, reported an 11% increase in funds under management (FUM) to $1.397 billion for the quarter ending June 30, 2025, driven by strong fund performance. Despite a reduction in FUM due to changes in the responsible entity of the Vinva Fund, the company experienced positive cash inflows and reduced loan debt, indicating robust financial health. The company’s diversified product suite and strong relationships with advisers and investors have resulted in the highest annual net inflows since 2017, reflecting its solid industry positioning.
More about Contango Asset Management Ltd.
Average Trading Volume: 29,739
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$6.32M
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