The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Investment

Losses consistent with growth objectives: CGA

BY ALEX BURKE | THURSDAY, 3 AUG 2017 12:53PM

The board of Contango Asset Management (CGA) responded to an ASX query about whether it had sufficient funds to continue operating, saying negative cashflows are "consistent with long-term growth objectives."

Upgrade your subscription to access this article

And gain access to:

All website content, including archived news
Home page news customisation
Tech Zone, your technical resource library

And more

Already A Subscriber?

UPGRADE SUBSCRIPTION

Read more: CGA, ASX, Contango Asset Management, Hari Morfis, Stephanie Yong

VIEW COMMENTS

Related News

►	ASX sees trade volumes soar in May
►	Macquarie AM launches global small caps ETF
►	Raiz names new chief executive
►	Big Un finance chief's insider trading charges dropped
►	Marex Group expands structured products to HNWIs
►	AustralianSuper names new investment chief
►	ASX tech spend drives capex to $200m
►	Platforms should be wary of cutting options: Experts
►	SIAA focuses mission on building prosperity for investors
►	ASIC flags disclosure flaws in first wave of mandatory climate reports

Editor's Choice

Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

Videos

Brought to you by

Global economic outlook and the case for local currency emerging market debt: Resilience, risk, and opportunity

Strength amid noise

Follow the leaders

Maintaining a fundamental focus in a world obsessed with the short term

The market has changed. The opportunity hasn't.

A guaranteed future

SMILE through retirement - tackling the top 5 (Sequencing, Market, Inflation, Longevity, Emotion) retirements risks

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE