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

Reuters

2025/07/31

** 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))

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