Australia's Associate Global Partners rises on increased funds under management

Associate Global Partners

31/07/2025 06:39

** Shares of Associate Global Partners Ltd APL.AX rise 8.7% to A$0.125, their highest level since June 11

** Stock set for best day since June 26, if current gains hold

** Boutique asset manager says funds under management stood at A$1.397 billion ($903.30 million) as at end of June qtr, compared with A$1.292 billion as at end of FY24 June qtr

** Stock up 4.6% so far in July

** YTD, stock down 21.9%, including session's gains

($1 = 1.5466 Australian dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))