Business
Wilson Asset Management (WAM) thinks these 2 ASX shares are a buy // Motley Fool Australia
Respected fund manager Wilson Asset Management (WAM) has recently identified two ASX shares that it owns in its portfolio.
WAM operates several listed investment companies (LICs). Some focus on larger companies like WAM Leaders Ltd (ASX: WLE) and WAM Research Limited (ASX: WAX).
There’s also one called WAM Capital Limited (ASX: WAM) which targets “the most compelling undervalued growth opportunities in the Australian market.”
The WAM Capital portfolio has delivered investment return of 16.1% per annum since inception in August 1999, before fees, expenses and taxes. This gross return outperformed the S&P/ASX All Ordinaries Accumulation Index return of 7.8% per annum.
These are the two ASX shares that WAM Capital outlined in…
-
General19 hours agoFour charged over alleged six-hour gang rape of girl in south-west Sydney
-
Noosa News22 hours agoLogan City Council to pull out of federal government Climate Active program due to financial pressure, transparency concerns
-
General18 hours agoCarrie Bickmore pays tribute to Isaac Smith and Scott Selwood after gruelling marathon
-
Noosa News15 hours agoBrisbane council budget 2025: Winners and losers