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Contango approves new WCM strategy

The board of listed investment company Contango Income Generator (ASX: CIE) has voted in favour of adopting a new strategy which will see the portfolio managed by an $85 billion California-based global and emerging markets equities manager.

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Read more: CIEWAMContango Income GeneratorLanyon Asset ManagementWCM Investment ManagementDavid PrescottGeoff WilsonWilson Asset Management