Business
WAM Leaders thinks these 2 ASX shares are a buy
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). Two of those LICs are WAM Capital Limited (ASX: WAM) and WAM Research Limited (ASX: WAX).
There’s also one called WAM Leaders Ltd (ASX: WLE) which looks at the larger businesses on the ASX.
WAM says WAM Leaders actively invests in the highest quality Australian companies.
The WAM Leaders portfolio has delivered gross returns (that’s before fees, expenses and taxes) of 14% per annum since inception in May 2016, which is superior to the S&P/ASX 200 Accumulation Index average return of 9.1%.
These are the two ASX shares that WAM outlined in its…
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