Contango Asset Management Ltd. (AU:APL) has released an update.
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Contango Asset Management Ltd. reported a significant $91.2 million net inflow in the latest quarter, marking the highest since December 2020, driven by the launch of new funds. Despite a $27 million decrease in Funds Under Management due to a trustee transition, FUM rose to $1.333 billion by late October 2024, showcasing the company’s robust product offerings and strong relationships with advisers and investors. Additionally, strategic appointments have bolstered their distribution team across several Australian regions.
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