Contango Asset Management Limited (CGA) 2019年年度报告「ASX」.pdf

1、Financial ReportFor the Year Ended 30 June 20191Contango Asset Management Limited and Controlled Entities|ACN 080 277 998 For the Year Ended 30 June 2019Annual Report 2018-2019Contango Asset Management Limited and Controlled Entities ACN:080 277 998Dear Shareholder,Welcome to the 2019 Contango Asset

2、 Management Limited Annual Report.FY19 was a significant year for the Company,and it is with great pleasure we deliver our results to you.In September 2018,the Company was pleased to announce the completion of the Switzer Asset Management Limited(SAM)transaction where it acquired the remaining 53.75

3、%in SAM making it a wholly owned subsidiary of the Group.Throughout the year,the Company continued to successfully execute its strategy to transition away from product manufacturer to being a marketing and distribution platform.As a result,the Companys focus has moved away from institutional and who

4、lesale mandates,to the distribution of products to retail clients,including via SAM.The Companys cost structure continued to be a key area of focus and the changes implemented to streamline the operating structure in support of the new business model resulted in material savings across key expense l

5、ines.The Company continued to meet its growth objectives through the development of a suite of products through SAM,for the self-directed and independent financial advisory segments.As part of this strategy we announced a new exchange traded product,the WCM Quality Global Growth Fund,which started t

6、rading in September 2018,a new unlisted unit trust,WCM Quality Global Growth and the launch of the WCM International Small Cap Growth Fund.During the year a significant contributor to the growth in Funds Under Management(FUM)was the successful exercise,and partial underwriting of WCM Global Growth L