tiprankstipranks
Associate Global Partners Sees Strong FUM Growth
Company Announcements

Associate Global Partners Sees Strong FUM Growth

Contango Asset Management Ltd. (AU:APL) has released an update.

Don't Miss Our Christmas Offers:

Associate Global Partners Limited reported a positive financial quarter with a $12.4 million increase in Funds Under Management (FUM), reaching $1.292 billion as of June 30, 2024. The company experienced a cash flow positive quarter and made key appointments to strengthen its distribution team. Despite volatile market conditions, especially in global growth equities, the company’s broad product suite attracted significant net inflows, led by the Vinva Global Systematic Equities Fund and Vertium Equity Income Fund.

For further insights into AU:APL stock, check out TipRanks’ Stock Analysis page.

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