Business
Top fundie, Wilson, names ASX shares to buy – Motley Fool Australia
Top ASX fund manager, Wilson Asset Management, has named some ASX share picks from its various LICs like WAM Research Ltd (ASX: WAX).
Geoff Wilson is known as one of the more successful fund managers on the ASX. The fund managing company Mr. Wilson heads – Wilson Asset Management (WAM) – is known for its listed investment companies (LICs). WAM has a stable of seven LICs, many of which have been around for years, and have a strong performance history. The flagship WAM Capital Limited(ASX: WAM) LIC, for instance, has been around since 1999, and has delivered an average return of 16.1% per annum since then (not accounting for fees…
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