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MMC Contrarian (ASX Code: MMA) is a funds management company that listed on the Australian Stock Exchange (ASX) in December 2003.
The Company’s strategy is to:
- Create and invest in unlisted boutique fund managers in various asset classes;
- Acquire strategic stakes in existing funds management business; and
- Generate income for shareholders from two sources
(a) returns on a pool of listed equities, cash and funds that are managed by our investee companies; and
(b) recurring earnings from each manager that we create or acquire.
Currently MMC Contrarian owns two funds management businesses that together manage over $AUD450m of assets:
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